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Zacks Equity Research

FreightCar America, Inc. (RAIL) Enters Overbought Territory
August 06, 2013


Trades from $3

FreightCar America, Inc. (RAIL - Free Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because RAIL is now in overbought territory with an RSI value of 74.43. Furthermore, estimates for the FreightCar America have been coming down, pushing it to a Zacks Rank #5 (Strong Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

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