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Tale of the Tape

Zacks Equity Research

Is This the Top for Anworth (ANH)?

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Although Anworth Mortgage Asset Corporation is up over 12% in the past four weeks, investors may be concerned. After all, ANH is now in overbought territory, at least when looking at its RSI value of 75.3. If that wasn’t enough, investors should also note that Anworth possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in ANH shares before too long.

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