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Is This the Top for Powell Industries, Inc. (POWL)

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Powell Industries, Inc. has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because POWL is now in overbought territory with an RSI value of 79.1. Furthermore, estimates for the Powell Industries, Inc. have been coming down, pushing it to Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

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