Investors have definitely seen some solid trading in Companhia Paranaense de Energia (ELP) lately, leading to gains for some. However, ELP is now in overbought territory thanks to its latest move, as the firm has an RSI value of 74.4. Additionally, Companhia Paranaense de Energia currently has a Zacks Rank #5 (Strong Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.
COMPANHIA PARANAENSE ENERG C (ELP): Free Stock Analysis Report
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