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Is This the Top for Miller Energy Resources Inc. (MILL)

Zacks Equity Research

Miller Energy Resources Inc. (MILL) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because MILL is now in overbought territory with an RSI value of 81.4. Furthermore, estimates for the Miller Energy Resources Inc. have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

MILLER ENERGY RESOURCES INC (MILL): Free Stock Analysis ReportZacks Investment Research