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Media General, Inc. (MEG) Enters Overbought Territory

Zacks Equity Research

Media General, Inc. (MEG) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because MEG is now in overbought territory with an RSI value of 71.9. Furthermore, Media General, Inc. currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

MEDIA GENERAL INC (MEG): Free Stock Analysis Report

Zacks Investment Research