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Tale of the Tape

Zacks Equity Research

Is This the Top for Carmike Cinemas, Inc. (CKEC)

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Carmike Cinemas, Inc. has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because CKEC is now in overbought territory with an RSI value of 76.44. Furthermore, estimates for the Carmike Cinemas have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

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