Markets

Crosstex Energy (XTEX) Enters Overbought Territory - Tale of the Tape

Although Crosstex Energy, L.P. ( XTEX ) is up over 9.8% in the past four weeks, investors may be concerned. After all, XTEX is now in overbought territory, at least when looking at its RSI value of 70.4. If that wasn't enough, investors should also note that Crosstex Energy possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in XTEX shares before too long.

CROSSTEX EGY LP (XTEX): 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.


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