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Tale of the Tape

Zacks Equity Research

Cirrus Logic, Inc. (CRUS) Enters Overbought Territory
July 26, 2013


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Cirrus Logic, Inc. (CRUS - Snapshot Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because CRUS is now in overbought territory with an RSI value of 72.90. Furthermore, estimates for the Cirrus Logic, Inc have been coming down, pushing it to a Zacks Rank #5 (Strong Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.