Boingo (WIFI) is Overbought, What's Next? - Tale of the Tape

Although Boingo Wireless Inc WIFI is up over 7.6% in the past four weeks, investors may be concerned. After all, WIFI is now in overbought territory, at least when looking at its RSI value of 71.4. If that wasn't enough, investors should also note that Boingo possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in WIFI shares before too long.

 
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