Telecom Italia (TI) Enters Overbought Territory - Tale of the Tape

By Zacks Equity Research,

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Telecom Italia SpA ( TI ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because TI is now in overbought territory with an RSI value of 72.4. Furthermore, Telecom Italia currently has a Zacks Rank #5 (Strong Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

TELECOM ITA-ADR (TI): Free Stock Analysis Report

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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: TI

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