Mattress Firm (MFRM) is Overbought, What's Next? - Tale of the Tape

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Investors have definitely seen some solid trading in Mattress Firm Holding Corp MFRM lately, leading to gains for some. However, MFRM is now in overbought territory thanks to its latest move, as the firm has an RSI value of 70.1. Additionally, Mattress Firm 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.


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