Synalloy (SYNL) Enters Overbought Territory - Tale of the Tape

Although Synalloy Corporation SYNL is up over 13.9% in the past four weeks, investors may be concerned. After all, SYNL is now in overbought territory, at least when looking at its RSI value of 70.9. If that wasn't enough, investors should also note that Synalloy possesses a Zacks Rank #5 (Strong Sell), so if analyst perception is any guide, we could witness a slump in SYNL shares before too long.

 
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