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Is This the Top for Affymetrix, Inc. (AFFX)

Zacks Equity Research

Affymetrix, Inc. (AFFX) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because AFFX is now in overbought territory with an RSI value of 70.3. Furthermore, estimates for the Affymetrix, Inc. 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.

AFFYMETRIX INC (AFFX): Free Stock Analysis Report

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