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Tale of the Tape

Zacks Equity Research

Claude Resources Inc. (USA) (CGR) Enters Overbought Territory
August 26, 2013

Trades from $3

Claude Resources Inc. (USA) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because CGR is now in overbought territory with an RSI value of 70.06. Furthermore, estimates for the Claude Resources 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.