Can Bancolombia (CIB) Continue to Rise? - Tale of the Tape

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Investors have definitely seen some solid trading in Bancolombia SA CIB lately, leading to gains for some. However, CIB is now in overbought territory thanks to its latest move, as the firm has an RSI value of 70.6. Additionally, Bancolombia 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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