Macquarie Infrastructure (MIC) is Overbought, What's Next? - Tale of the Tape

Although Macquarie Infrastructure Company LLC MIC is up over 4.6% in the past four weeks, investors may be concerned. After all, MIC is now in overbought territory, at least when looking at its RSI value of 75.6. If that wasn't enough, investors should also note that Macquarie Infrastructure possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in MIC shares before too long.

 
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