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Tale of the Tape

Zacks Equity Research

American Residential Properties (ARPI) Enters Overbought Territory

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American Residential Properties Inc has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because ARPI is now in overbought territory with an RSI value of 74.2. Furthermore, American Residential Properties currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

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