Although Steven Madden, Ltd. SHOO is up over 12.5% in the past four weeks, investors may be concerned. After all, SHOO is now in overbought territory, at least when looking at its RSI value of 70.2. If that wasn't enough, investors should also note that Steven Madden possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in SHOO shares before too long.
STEVEN MADDEN SHOO: Free Stock Analysis Report
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