Flotek Industries (FTK) Enters Overbought Territory - Tale of the Tape

by Zacks, Benzinga Contributor

March 21, 2014 9:10 AM | 1 min read | Make a Comment

Flotek Industries Inc. FTK has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because FTK is now in overbought territory with an RSI value of 73.7. Furthermore, Flotek Industries currently has a Zacks Rank #5 (Strong Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

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