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
EPS diluted growth %
Dividend yield %
|99575MARBLE DESIGN CO.||77.38||91.00 SAR||1.11%||9.776K||546M SAR||—||—||—||0.00%||Non-Energy Minerals||—|
|2180FILING AND PACKING MATERIALS MANUFACTURING CO.||72.75||52.20 SAR||−0.76%||888.194K||600.3M SAR||59.20||0.88 SAR||—||0.00%||Process Industries||—|
|99547RAWASI ALBINA INVESTMENT CO.||70.67||6.48 SAR||4.68%||648.45K||—||—||—||—||—||Communications||—|