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Is This the Top for LTX-Credence Corp. (LTXC)

Zacks Equity Research

LTX-Credence Corp. (LTXC) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because LTXC is now in overbought territory with an RSI value of 72.9. Furthermore, estimates for the LTX-Credence Corp. 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.

LTX CREDENCE CORP (LTXC): Free Stock Analysis ReportZacks Investment Research