Is This the Top for REGAL-BELOIT CORPORATION (RBC)

Zacks

REGAL-BELOIT CORPORATION (RBC) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because RBC is now in overbought territory with an RSI value of 70.9. Furthermore, estimates for the REGAL-BELOIT CORPORATION have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.
REGAL BELOIT CORP (RBC): Free Stock Analysis ReportZacks Investment Research
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