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Tale of the Tape

Zacks Equity Research

Chatham Lodging Trust (CLDT) Enters Overbought Territory


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Chatham Lodging Trust (CLDT - Free Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because CLDT is now in overbought territory with an RSI value of 71.16. Furthermore, estimates for the Chatham Lodging Trust 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.

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