FX Energy (FXEN) Enters Overbought Territory - Tale of the Tape

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Although FX Energy, Inc. ( FXEN ) is up over 34.2% in the past four weeks, investors may be concerned. After all, FXEN is now in overbought territory, at least when looking at its RSI value of 75.2. If that wasn't enough, investors should also note that FX Energy possesses a Zacks Rank #5 (Strong Sell), so if analyst perception is any guide, we could witness a slump in FXEN shares before too long.



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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

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