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Seagate (STX) Enters Overbought Territory

Zacks Equity Research

Although Seagate Technology PLC (STX) is up over 9.5% in the past four weeks, investors may be concerned. After all, STX is now in overbought territory, at least when looking at its RSI value of 71.0. If that wasn’t enough, investors should also note that Seagate possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in STX shares before too long.

SEAGATE TECH IRELAND (STX): Free Stock Analysis Report

Zacks Investment Research