1 month After Plunging -12.62% in 4 Weeks, Here’s Why the Trend Might Reverse for RLI Corp. (RLI) Zacks
The heavy selling pressure might have exhausted for RLI Corp. (RLI) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
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