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HURC - Assessing The Balance Sheet Of Hurco Companies
Hurco Companies Inc.
We may have a nice buying opportunity presenting itself in Hurco Companies (HURC) at present. This firm is based out of Indianapolis and operates in the specialty industrial machinery industry.
As we can see from the daily chart below, shares have come right back down to test the September lows. Selling pressure has subsided significantly though as we can see from how the histogram has moved aggressively upward as well as the bullish divergence on the RSI indicator.
When we go to the long-term chart, we can see that we either have a