Cabot Oil & Gas (COG) is Overbought, What's Next?

Zacks

Investors have definitely seen some solid trading in Cabot Oil & Gas Corporation (COG) lately, leading to gains for some. However, COG is now in overbought territory thanks to its latest move, as the firm has an RSI value of 71.9. Additionally, Cabot Oil & Gas currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.



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