Universal Stainless & Alloy Products (USAP) is Overbought, What's Next?

Zacks

Investors have definitely seen some solid trading in Universal Stainless & Alloy Products (USAP) lately, leading to gains for some. However, USAP is now in overbought territory thanks to its latest move, as the firm has an RSI value of 75.1. Additionally, Universal Stainless & Alloy Products 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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