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Tale of the Tape

Zacks Equity Research

Textron Inc. (TXT) Enters Overbought territory
December 02, 2013


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Although Textron Inc. (TXT - Analyst Report) is up over 14.6% in the past four weeks, investors may be concerned. After all, TXT is now in overbought territory, at least when looking at its RSI value of 81.1. If that wasn’t enough, investors should also note that Textron Inc. possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in TXT shares before too long.