Investors have definitely seen some solid trading in Perion Network Ltd (PERI) lately, leading to gains for some. However, PERI is now in overbought territory thanks to its latest move, as the firm has an RSI value of 72.2. Additionally, Perion Network Ltd 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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