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Tale of the Tape

Zacks Equity Research

Silver Wheaton Corp. (USA) (SLW) Enters Overbought Territory
August 16, 2013


Trades from $3

Silver Wheaton Corp. (USA) (SLW - Snapshot Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because SLW is now in overbought territory with an RSI value of 71.02. Furthermore, estimates for the Silver Wheaton Corp. 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.