Ashland Inc. (ASH) Enters Overbought Territory

Zacks Equity Research
January 7, 2014

Investors have definitely seen some solid trading in Ashland Inc. (ASH) lately, leading to gains for some. However, ASH is now in overbought territory thanks to its latest move, as the firm has an RSI value of 70.7. Additionally, Ashland Inc. currently has a Zacks Rank #5 (Strong Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.




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