Is This the Top for Maxim Integrated Products Inc. (MXIM)

Zacks

Maxim Integrated Products Inc. (MXIM) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because MXIM is now in overbought territory with an RSI value of 73.00. Furthermore, estimates for the Maxim Integrated Products Inc. 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.
MAXIM INTEGRATED PRODUCTS INC (MXIM): Free Stock Analysis ReportZacks Investment Research

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