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Is This the Top for Grupo Simec S.A.B. de C.V. (SIM)? - Tale of the Tape

Although Grupo Simec S.A.B. de C.V. (SIM) is up over 14.7 % in the past four weeks, investors may be concerned. After all, SIM is now in overbought territory, at least when looking at its RSI value of 71.9 . If that wasn't enough, investors should also note that Grupo Simec S.A.B. de C.V. possesses a Zacks Rank #4 (Sell) , so if analyst perception is any guide, we could witness a slump in SIM shares before too long.

GRUPO SIMEC SA (SIM): Free Stock Analysis Report

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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 Nasdaq, Inc.


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

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