Although Churchill Downs, Inc. (CHDN) is up over 3.9% in the past four weeks, investors may be concerned. After all, CHDN is now in overbought territory, at least when looking at its RSI value of 71.8. If that wasn’t enough, investors should also note that Churchill Downs possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in CHDN shares before too long.
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