Back to Main

Is This the Top for Molex Incorporated (MOLX) - Tale of the Tape

Posted: 10/9/2013 4:27:00 AM
Referenced Stocks: MOLX

Molex Incorporated ( MOLX ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because MOLX is now in overbought territory with an RSI value of 78.4. Furthermore, estimates for the Molex Incorporated have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth. 

MOLEX INC (MOLX): Free Stock Analysis Report

To read this article on click here.

Zacks Investment Research