Elan Corporation, plc. (ELN) Enters Overbought Territory - Tale of the Tape

Elan Corporation, plc. ( ELN ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because ELN is now in overbought territory with an RSI value of 70.12. Furthermore, estimates for the Elan Corporation, plc have been coming down, pushing it to a Zacks Rank #5 (Strong Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

ELAN CP PLC ADR (ELN): Free Stock Analysis Report

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Zacks Investment Research

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.

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