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Is This the Top for Craft Brew Alliance Inc. (BREW)

Zacks Equity Research

Craft Brew Alliance Inc. (BREW) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because BREW is now in overbought territory with an RSI value of 71.70.

Furthermore, estimates for the Craft Brew Alliance Inc. have been coming down, pushing it to a Zacks Rank #5 (Strong Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

CRAFT BREW ALLIANCE INC (BREW): Free Stock Analysis ReportZacks Investment Research