The Cheesecake Factory Incorporated (CAKE) Enters Overbought Territory

Zacks

Although The Cheesecake Factory Incorporated (CAKE) is up over 6.49% in the past four weeks, investors may be concerned. After all, CAKE is now in overbought territory, at least when looking at its RSI value of 71.2. If that wasn’t enough, investors should also note that The Cheesecake Factory Incorporated  possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in CAKE shares before too long.



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