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Tale of the Tape

Zacks Equity Research

Flagstar Bancorp Inc. (FBC) Enters Overbought Territory
July 26, 2013


Trades from $3

Flagstar Bancorp Inc. (FBC - Snapshot Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because FBC is now in overbought territory with an RSI value of 72.02. Furthermore, estimates for the Flagstar Bancorp Inc 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.