Key Tronic Corp. (KTCC) - Overbought - views

Key Tronic Corp. has hit a technical signal on 3 different technical indicators. KTCC is in the Technology 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 $6.30 on 1/26/12. The stock is currently up 34.3% this year.

There is currently one analyst covering the company with a Buy recommendation. The analyst covering the company is forecasting earnings of $0.55 per share. The consensus estimate for next years' earnings is $0.61 per share, which represents forecast growth of 10.9%.

Over the last 52 weeks, the stock has been trading between $3.21 and $6.30. More recently in the last 4 weeks, the stock has been trading between $4.51 and $6.30. Yesterday the stock traded between $5.95 and $6.30. The stock currently has a PE ratio of 9.6.

Key Tronic Corp. is trading 17.3% from its 20-day simple moving average (SMA) of $5.37 and 26.8% from its 50-day SMA and 42.60% from its 200-day SMA. Average daily volume over the last 30 days has been 55,448 shares.

At yesterdays close: the RSI was at 80.1, the CCI was at 133.4 and the Fast Stochastic was at 100.0. KTCC closed yesterday at $6.30, on volume of 126,300 shares as compared to an average volume of 55,448 over the last 4 weeks.

Key Tronic Corporation, doing business as KeyTronicEMS Co., together with its subsidiaries, provides electronic manufacturing services (EMS) and solutions to original equipment manufacturers in the United States, Mexico, and China. Its EMS services include product design, surface mount technologies and pin through hole capability for printed circuit board assembly, tool making, precision plastic molding, liquid injection molding, automated tape winding, prototype design, and full product assembly. The company also offers integrated electronic and mechanical engineering, component selection, sourcing and procurement, worldwide logistics, and new product testing and production services. In addition, it manufactures electronic keyboards and other input devices. The company markets its products and services primarily through field sales people and distributors. Key Tronic Corporation was founded in 1969 and is headquartered in Spokane Valley, Washington.

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.