Forum Energy (FET) Enters Overbought Territory - Tale of the Tape

Although Forum Energy Technologies Inc. FET is up over 7.1% in the past four weeks, investors may be concerned. After all, FET 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 Forum Energy possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in FET shares before too long.

 
FORUM ENRG TECH FET: Free Stock Analysis Report
 
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