PacWest Bancorp (PACW) Enters Overbought Territory - Tale of the Tape

By Zacks Equity Research,

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PacWest Bancorp ( PACW ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because PACW is now in overbought territory with an RSI value of 76.84. Furthermore, estimates for the PacWest Bancorp 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.

PACWEST BANCORP (PACW): Free Stock Analysis Report

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Zacks Investment Research

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: PACW

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