Although Brookfield Renewable Energy Partners LP (BEP) is up over 11.4% in the past four weeks, investors may be concerned. After all, BEP is now in overbought territory, at least when looking at its RSI value of 72.9. If that wasn’t enough, investors should also note that Brookfield Renewable possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in BEP shares before too long.
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