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Tale of the Tape

Zacks Equity Research

Bloomin' Brands (BLMN) Enters Overbought Territory
February 26, 2014

BLMN

Trades from $3
Bloomin' Brands Inc (BLMN - Snapshot Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because BLMN is now in overbought territory with an RSI value of 76.2. Furthermore, Bloomin' Brands currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.