Grupo Televisa (TV) is Overbought, What's Next? - Tale of the Tape

by Zacks, Benzinga Contributor

April 2, 2014 11:24 AM | 1 min read | Make a Comment

Investors have definitely seen some solid trading in Grupo Televisa SAB TV lately, leading to gains for some. However, TV is now in overbought territory thanks to its latest move, as the firm has an RSI value of 71.3. Additionally, Grupo Televisa currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.

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