Cosi (COSI) - Overbought - views

Cosi has hit a technical signal on 3 different technical indicators. COSI is in the Consumer Services sector. The technical signals indicate that the stock is Overbought right now. The 3 indicators: Commodity Channel Index, Relative Strength Index and the Fast Stochastics were all triggered based on the last closing price of $1.08 on Feb 13.

There is currently one analyst covering the company with a Buy recommendation. The analyst covering the stock either has no quarterly earnings estimate, or the estimate is $0. The analyst covering the company is forecasting earnings of per share. The consensus estimate for next years' earnings is $0.07 per share, which represents forecast growth of 0.0%.

Over the last 52 weeks, the stock has been trading between $0.56 and $1.60. More recently in the last 4 weeks, the stock has been trading between $0.64 and $1.10. Yesterday the stock traded between $1.03 and $1.09. The stock currently has a PE ratio of 0.0.

Cosi is trading 28.7% from its 20-day simple moving average (SMA) of $0.84 and 46.7% from its 50-day SMA and 34.10% from its 200-day SMA. Average daily volume over the last 30 days has been 283,155 shares.

At yesterdays close: the RSI was at 80.5, the CCI was at 107.4 and the Fast Stochastic was at 95.2. COSI closed yesterday at $1.08, on volume of 296,836 shares as compared to an average volume of 283,155 over the last 4 weeks.

Cosi, Inc. owns, operates, and franchises premium convenience dining restaurants. It offers squagels, sandwiches, hearth-baked quiches, oatmeal, salads, soups, appetizers, melts, flatbread pizzas, S'mores, fruit parfaits, wraps, and other desserts; coffees and other espresso-based beverages, seasonal fruit smoothies and specialty drinks, soft drinks, and flavored teas, as well as bottled beverages, such as still and sparkling waters. The company also sells alcoholic beverages comprising beer and wine. Its restaurants also offers catering service for the breakfast and lunch day parts, including breakfast baskets, lunch buffets, and dessert platters. As of August 26, 2011, it had 80 company-owned and 58 franchise restaurants in 17 states in the United States, the District of Columbia, and the United Arab Emirates. Cosi, Inc. was founded in 1994 and is based in Deerfield, Illinois.

Technical Indicators should be used as the starting point for further analysis. These indicators are provided as a guide to help you determine what assets to analyze. The technical indicators used in this article can indicate that an asset is either overbought or oversold, but that indication could be the result of a fundamental or other type of event like an earnings announcement.

To learn more about technical analysis, please refer to our technical analysis primer.