Can QuickLogic (QUIK) Continue to Rise? – Tale of the Tape

Zacks

Investors have definitely seen some solid trading in QuickLogic Corporation (QUIK) lately, leading to gains for some. However, QUIK is now in overbought territory thanks to its latest move, as the firm has an RSI value of 72.8. Additionally, QuickLogic currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.

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