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Tale of the Tape

Zacks Equity Research

Is This the Top for Sun Hydraulics Corporation (SNHY)
October 01, 2013


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Sun Hydraulics Corporation (SNHY - Snapshot Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because SNHY is now in overbought territory with an RSI value of 73.8. Furthermore, estimates for the Sun Hydraulics Corporation have been coming down, pushing it to Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.