Is This the Top for Black Box Corporation (BBOX) - Tale of the Tape

By Zacks Equity Research,

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Black Box Corporation ( BBOX ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because BBOX is now in overbought territory with an RSI value of 72.3. Furthermore, estimates for the Black Box 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.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: BBOX

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