Hittite Microwave (HITT) Enters Overbought Territory - Tale of the Tape

by Zacks, Benzinga Contributor

March 19, 2014 9:50 AM | 1 min read | Make a Comment

Although Hittite Microwave Corp HITT is up over 12.1% in the past four weeks, investors may be concerned. After all, HITT is now in overbought territory, at least when looking at its RSI value of 70.7. If that wasn't enough, investors should also note that Hittite Microwave possesses a Zacks Rank #5 (Strong Sell), so if analyst perception is any guide, we could witness a slump in HITT shares before too long.

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