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Tale of the Tape

Zacks Equity Research

Flotek Industries (FTK) Enters Overbought Territory
March 21, 2014


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Flotek Industries Inc. (FTK - Snapshot Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because FTK is now in overbought territory with an RSI value of 73.7. Furthermore, Flotek Industries currently has a Zacks Rank #5 (Strong Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.