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Can Steelcase (SCS) Continue to Rise?

Zacks Equity Research

Investors have definitely seen some solid trading in Steelcase Inc. (SCS) lately, leading to gains for some. However, SCS is now in overbought territory thanks to its latest move, as the firm has an RSI value of 70.4. Additionally, Steelcase 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.

STEELCASE INC (SCS): Free Stock Analysis Report

Zacks Investment Research