Can Bancolombia (CIB) Continue to Rise?

Zacks Equity Research

Tue, Apr 15, 2014, 9:57 AM

Investors have definitely seen some solid trading in Bancolombia SA (CIB) lately, leading to gains for some. However, CIB is now in overbought territory thanks to its latest move, as the firm has an RSI value of 70.6. Additionally, Bancolombia currently has a Zacks Rank #5 (Strong Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.

BANCOLOMBIA S A (CIB): Free Stock Analysis Report

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Can Bancolombia (CIB) Continue to Rise?

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