Nine Tech Stocks to Sell

Rightnow Tech offers customer relationship management, or CRM, software. The stock is 48.2% overvalued and the weekly chart profile is overbought with the five-week modified moving average at $17.39. This stock can continue to trade higher, but beware that my monthly value levels are well below where shares are trading at $14.24 and $12.54. Shares were recently trading at $20.03.

Salesforce.com provides on-demand customer relationship software. Its shares are 75.5% overvalued with an overbought weekly chart profile. The five-week modified moving average is at $30.40 and my monthly value level is $26.82 with a monthly pivot at $31.64. Shares were recently trading at $34.97.

Trizetto Group develops customized software products for the health care industry in the U.S. Trizetto is 61% overvalued. Its weekly chart profile is positive with the five-week modified moving average at $16.17. My quarterly value levels are $12.80 and $11.86 with monthly risky levels at $18.65 and $19.77. Shares were recently trading at $16.86.

Rambus provides chip interface products that link other chips together. Its stock is 81.9% overvalued. The weekly chart profile is positive with the five-week modified moving average at $15.02. My monthly value level is $12.71 with my semiannual pivot at $17.36 and quarterly risky levels at $20.45 and $21.82. Shares were recently trading at $16.62.

Akamai Tech is 100.1% overvalued. The weekly chart profile is overbought with the five-week modified moving average at $19.18. My monthly value levels are $18.78 and $18.67 with my quarterly pivot at $20.78 and quarterly risky level at $23.86. Shares were recently trading at $21.15.

Red Hat provides open-source operating and is 52.9% overvalued. The weekly chart profile is overbought with the five-week modified moving average at $23.31. My monthly value level is $20.71 with quarterly pivots at $24.81 and $24.84. Shares were recently trading at $24.40.

Crown Castle owns and operates towers for wireless communications. The company leases antenna space on its towers that accommodate multiple tenants. Crown Castle is rated a sell and is 57.3% overvalued. The weekly chart profile is positive, with the five-week modified moving average at $26.62. My quarterly value level is $23.42 with a monthly risky level at $29.43. Shares were recently trading at $27.30.

Please note that due to factors including low market capitalization and/or insufficient public float, we consider Sigma Designs to be a small-cap stock. You should be aware that such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information, and that postings such as this one can have an effect on their stock prices.

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