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Cloud Peak (CLD) Enters Overbought Territory

Zacks Equity Research

Although Cloud Peak Energy Inc. (CLD) is up over 7.9% in the past four weeks, investors may be concerned. After all, CLD is now in overbought territory, at least when looking at its RSI value of 71.4. If that wasn’t enough, investors should also note that Cloud Peak possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in CLD shares before too long.




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