Kona Grill (KONA) Enters Overbought Territory – Tale of the Tape

Zacks

Although Kona Grill, Inc. (KONA) is up over 28.8% in the past four weeks, investors may be concerned. After all, KONA is now in overbought territory, at least when looking at its RSI value of 77.4. If that wasn’t enough, investors should also note that Kona Grill possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in KONA shares before too long.

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