Is Service Corporation (SCI) Ready to Breakout? – Tale of the Tape

Zacks

Are you a technical investor? If so, it may be time to consider Service Corporation International (SCI) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for SCI.

This trend may have already begun, as shares of SCI have moved by higher by 5.7% in just the past month. Plus, SCI has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Service Corporation has plenty of life left.

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