U.S. Markets closed

Bloomin' Brands (BLMN) Enters Overbought Territory

Zacks Equity Research

Bloomin' Brands Inc (BLMN) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because BLMN is now in overbought territory with an RSI value of 76.2. Furthermore, Bloomin' Brands currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

BLOOMIN' BRANDS INC (BLMN): Free Stock Analysis Report

Zacks Investment Research