Silicom Ltd Enters Oversold Territory – Tale of the Tape

Zacks

Silicom Ltd. ’s (SILC) share price has entered into oversold territory with an RSI value of 29.99. The Zacks Consensus Estimate on Silicom Ltd.’s earnings for the full year period has moved higher by 16 cents over the past two months to $1.93 per share. Currently, Silicom Ltd.is a Zacks #1 Rank (“Strong Buy”), suggesting that now might be a good time to get in on (SILC) after its recent drop.

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