Columbus McKinnon Corp. (CMCO) Enters Overbought Territory - Tale of the Tape

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Columbus McKinnon Corp. (CMCO) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because CMCO is now in overbought territory with an RSI value of 70.5 . Furthermore,   Columbus McKinnon Corp. currently has a Zacks Rank #4 (Sell) , suggesting that investors may want to consider exiting this stock now before it falls back to Earth.



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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

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