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Tale of the Tape

Zacks Equity Research

Valero Energy Corporation (VLO) Enters Overbought territory
November 05, 2013

VLO

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Investors have definitely seen some solid trading in Valero Energy Corporation (VLO - Analyst Report) lately, leading to gains for some. However, VLO is now in overbought territory thanks to its latest move, as the firm has an RSI value of 73.2. Additionally, Valero Energy Corporation currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.