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Tale of the Tape

Zacks Equity Research

Is This the Top for Live Nation Entertainment, Inc. (LYV)
October 17, 2013

LYV

Trades from $3
Live Nation Entertainment, Inc. (LYV - Snapshot Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because LYV is now in overbought territory with an RSI value of 70.2. Furthermore, estimates for the Live Nation Entertainment, Inc. 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.

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