Steelcase Gets a Quantitative Upgrade

Steelcase ( SCS) was upgraded Wednesday by TheStreet’s  Quant Ratings service. Let’s check out the charts and indicators to see if they are in agreement.

In this daily bar chart of SCS, below, I can see that prices are poised to push to the upside. SCS trades above the 50-day moving average line but below the 200-day line. The trading volume has been more active since September.