ELLI Ellie Mae, Inc.

Ellie Mae Inc. (ELLI) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because ELLI is now in overbought territory with an RSI value of 74.37. Furthermore, estimates for the Ellie Mae Inc. have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

 
ELLIE MAE INC (ELLI): Free Stock Analysis Report
 
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