Goodrich Petroleum (GDP) Enters Overbought Territory
Although Goodrich Petroleum Corporation (GDP) is up over 66.7% in the past four weeks, investors may be concerned. After all, GDP is now in overbought territory, at least when looking at its RSI value of 85.0. If that wasn’t enough, investors should also note that Goodrich Petroleum possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in GDP shares before too long.
GOODRICH PETE CORP (GDP): Free Stock Analysis Report
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