Is This the Top for Churchill Downs (CHDN)? - Tale of the Tape

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Although Churchill Downs, Inc. ( CHDN ) is up over 3.9% in the past four weeks, investors may be concerned. After all, CHDN is now in overbought territory, at least when looking at its RSI value of 71.8. If that wasn't enough, investors should also note that Churchill Downs possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in CHDN shares before too long.



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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 The NASDAQ OMX Group, Inc.




This article appears in: Investing , Investing Ideas , Stocks

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