Is This the Top for Colgate-Palmolive Company (CL) - Tale of the Tape

By Zacks Equity Research,

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Colgate-Palmolive Company ( CL ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because CL is now in overbought territory with an RSI value of 71.2. Furthermore, estimates for the Colgate-Palmolive Company have been coming down, pushing it to Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

COLGATE PALMOLI (CL): Free Stock Analysis Report

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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 Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: CL

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