Is This the Top for Novadaq (NVDQ)? - Tale of the Tape

by Zacks, Benzinga Contributor

March 17, 2014 8:31 AM | 1 min read | Make a Comment

Investors have definitely seen some solid trading in Novadaq Technologies Inc. NVDQ lately, leading to gains for some. However, NVDQ is now in overbought territory thanks to its latest move, as the firm has an RSI value of 70.6. Additionally, Novadaq currently has a Zacks Rank #5 (Strong Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.

NOVADAQ TEC INC NVDQ: Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Market News and Data brought to you by Benzinga APIs

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!