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Telecom Argentina (TEO) Enters Overbought Territory

Zacks Equity Research

Although Telecom Argentina S.A. (TEO) is up over 16.6% in the past four weeks, investors may be concerned. After all, TEO is now in overbought territory, at least when looking at its RSI value of 73.7. If that wasn’t enough, investors should also note that Telecom Argentina possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in TEO shares before too long.

TELECOM ARGENTINA SA (TEO): Free Stock Analysis Report

Zacks Investment Research