ValueVision Media Inc. (VVTV) is Overbought, What’s Next? – Tale of the Tape

Zacks

Although ValueVision Media Inc. (VVTV) is up over 20.6% in the past four weeks, investors may be concerned. After all, VVTV is now in overbought territory, at least when looking at its RSI value of 74.4. If that wasn’t enough, investors should also note that ValueVision Media Inc. possesses a Zacks Rank #5 (Strong Sell), so if analyst perception is any guide, we could witness a slump in VVTV shares before too long.

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