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Tale of the Tape

Zacks Equity Research

Allegheny Technologies Incorporated (ATI) Enters Overbought Territory
September 17, 2013

ATI

Trades from $3
Allegheny Technologies Incorporated (ATI - Analyst Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because ATI is now in overbought territory with an RSI value of 72.70. Furthermore, estimates for the Allegheny Technologies 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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