Carpenter Technology (CRS) is Overbought, What's Next? - Tale of the Tape
Although Carpenter Technology Corporation ( CRS ) is up over 10.8% in the past four weeks, investors may be concerned. After all, CRS is now in overbought territory, at least when looking at its RSI value of 73.9. If that wasn't enough, investors should also note that Carpenter Technology possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in CRS shares before too long.
CARPENTER TECH (CRS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research