BRF SA (BRFS) is Overbought, What’s Next? – Tale of the Tape

Zacks

Although BRF SA (BRFS) is up over 16.3% in the past four weeks, investors may be concerned. After all, BRFS is now in overbought territory, at least when looking at its RSI value of 74.7. If that wasn’t enough, investors should also note that BRF SA possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in BRFS shares before too long.

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