Empresa Nacional de Electricidad (EOC) is Overbought, What’s Next? – Tale of the Tape

Zacks

Empresa Nacional de Electricidad (EOC) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because EOC is now in overbought territory with an RSI value of 70.6. Furthermore, Empresa Nacional de Electricidad currently has a Zacks Rank #5 (Strong Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

To read this article on Zacks.com click here.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply