U.S. Markets open in 24 mins

Insulet (PODD) Enters Overbought Territory

Zacks Equity Research

Although Insulet Corporation (NASD:PODD) is up over 9.5% in the past four weeks, investors may be concerned. After all, PODD is now in overbought territory, at least when looking at its RSI value of 70.1. If that wasn’t enough, investors should also note that Insulet possesses a Zacks Rank #5 (Strong Sell), so if analyst perception is any guide, we could witness a slump in PODD shares before too long.

INSULET CORP (PODD): Free Stock Analysis Report

Zacks Investment Research