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Can Merge Healthcare (MRGE) Continue to Rise?

Zacks Equity Research

Investors have definitely seen some solid trading in Merge Healthcare Inc. (MRGE) lately, leading to gains for some. However, MRGE is now in overbought territory thanks to its latest move, as the firm has an RSI value of 70.7. Additionally, Merge Healthcare 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.

MERGE HEALTHCARE INC (MRGE): Free Stock Analysis Report

Zacks Investment Research