iRobot (IRBT) is Overbought, What’s Next? – Tale of the Tape

Zacks

Although iRobot Corporation (IRBT) is up over 21.8% in the past four weeks, investors may be concerned. After all, IRBT is now in overbought territory, at least when looking at its RSI value of 72.0. If that wasn’t enough, investors should also note that iRobot possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in IRBT shares before too long.

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