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Tale of the Tape

Zacks Equity Research

Is This the Top for Brookline Bancorp (BRKL)?

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Although Brookline Bancorp, Inc. is up over 8.2% in the past four weeks, investors may be concerned. After all, BRKL is now in overbought territory, at least when looking at its RSI value of 70.5. If that wasn’t enough, investors should also note that Brookline Bancorp possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in BRKL shares before too long.

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