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Is This the Top for NewStar Financial Inc. (NEWS)

Zacks Equity Research

NewStar Financial Inc. (NEWS) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because NEWS is now in overbought territory with an RSI value of 78.60. Furthermore, estimates for the NewStar Financial Inc. have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

NEWSTAR FINANCIAL INC (NEWS): Free Stock Analysis ReportZacks Investment Research