Can Ultrapar Participacoes (UGP) Continue to Rise? - Tale of the Tape

by Zacks, Benzinga Contributor

April 8, 2014 9:51 AM | 1 min read | Make a Comment

Although Ultrapar Participacoes SA UGP is up over 14.5% in the past four weeks, investors may be concerned. After all, UGP is now in overbought territory, at least when looking at its RSI value of 72.0. If that wasn't enough, investors should also note that Ultrapar Participacoes possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in UGP shares before too long.

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