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Tale of the Tape

Zacks Equity Research

Is This the Top for Banco Latinoamericano Comerc Exterior SA (BLX)
October 21, 2013

BLX

Trades from $3
Banco Latinoamericano Comerc Exterior SA (BLX - Snapshot Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because BLX is now in overbought territory with an RSI value of 76.4. Furthermore, estimates for the Banco Latinoamericano Comerc Exterior SA 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.