Is This the Top for Ulta Salon (ULTA)?
Investors have definitely seen some solid trading in Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA) lately, leading to gains for some. However, ULTA is now in overbought territory thanks to its latest move, as the firm has an RSI value of 72.4. Additionally, Ulta Salon currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.
ULTA SALON COSMETICS & FRAGRANCE (ULTA): Free Stock Analysis Report
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