Spansion (CODE) Enters Overbought Territory – Tale of the Tape

Zacks

Although Spansion Inc. (CODE) is up over 12.8% in the past four weeks, investors may be concerned. After all, CODE is now in overbought territory, at least when looking at its RSI value of 73.8. If that wasn’t enough, investors should also note that Spansion possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in CODE shares before too long.

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