Stocks that have significantly increased in value due to a large volume of demand are called overbought. This is often the case when there are many more buyers than sellers, whose actions to gain exposure to the asset — come what may — push the price up so high that it can no longer be justified by the company's underlying financials. Another common scenario that causes stocks to become overbought is when a business buys back its own stocks. Just be careful when buying overvalued stocks, as there could be a retracement.
RSI (14) 1D
Change % 1D
Technical Rating 1D
Volume * Price 1D
|ROCK_AROCKWOOL A/S SER. A||73.51||2085DKK||−0.48%||−10DKK|
|NTGNTG NORDIC TRANSPORT GROUP A/S||72.96||304.0DKK||−0.65%||−2.0DKK|
|SOLAR_BSOLAR B A/S||71.46||673DKK||−0.15%||−1DKK|