Stone Energy (SGY) is Overbought, What's Next?


Stone Energy Corporation (SGY) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because SGY is now in overbought territory with an RSI value of 72.3. Furthermore, Stone Energy currently has a Zacks Rank #5 (Strong Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

STONE ENERGY CORP (SGY): Free Stock Analysis Report

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