Back to top

Tale of the Tape

Zacks Equity Research

Harris Corporation (HRS) Enters Overbought Territory
July 31, 2013


Save at Trade

Harris Corporation (HRS - Analyst Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because HRS is now in overbought territory with an RSI value of 82.52. Furthermore, estimates for the Harris Corporation 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.