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OFG Bancorp (OFG) is Overbought, What's Next?

Zacks Equity Research

OFG Bancorp (OFG) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because OFG is now in overbought territory with an RSI value of 71.3. Furthermore, OFG Bancorp currently has a Zacks Rank #5 (Strong Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

OFG BANCORP (OFG): Free Stock Analysis Report

Zacks Investment Research