Can Myriad Genetics (MYGN) Continue to Rise?

Zacks Equity Research

Thu, Feb 6, 2014, 6:51 AM

Investors have definitely seen some solid trading in Myriad Genetics, Inc. (MYGN) lately, leading to gains for some. However, MYGN is now in overbought territory thanks to its latest move, as the firm has an RSI value of 77.1. Additionally, Myriad Genetics 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.

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Can Myriad Genetics (MYGN) Continue to Rise?

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