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McEwen Mining (MUX) is Overbought, What's Next?

Zacks Equity Research

Investors have definitely seen some solid trading in McEwen Mining Inc. (MUX) lately, leading to gains for some. However, MUX is now in overbought territory thanks to its latest move, as the firm has an RSI value of 70.9. Additionally, McEwen Mining currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.

MCEWEN MINING INC (MUX): Free Stock Analysis Report

Zacks Investment Research