Can Dresser-Rand (DRC) Continue to Rise?

Zacks

Investors have definitely seen some solid trading in Dresser-Rand Group Inc. (DRC) lately, leading to gains for some. However, DRC is now in overbought territory thanks to its latest move, as the firm has an RSI value of 70.7. Additionally, Dresser-Rand 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.
 



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