Universal Stainless & Alloy (USAP) is Overbought, What’s Next? – Tale of the Tape

Zacks

Universal Stainless & Alloy Products (USAP) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because USAP is now in overbought territory with an RSI value of 70.7. Furthermore, Universal Stainless & Alloy currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

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