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GFI Group (GFIG) is Overbought, What's Next?

Zacks Equity Research

Although GFI Group Inc. (GFIG) is up over 3.8% in the past four weeks, investors may be concerned. After all, GFIG is now in overbought territory, at least when looking at its RSI value of 70.3. If that wasn’t enough, investors should also note that GFI Group possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in GFIG shares before too long.

GFI GROUP INC (GFIG): Free Stock Analysis Report

Zacks Investment Research