The most 'overvalued' stocks in New Zealand

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.

Ticker
RSI (14) 1D
Price
Change % 1D
Change 1D
Technical Rating 1D
Volume 1D
Volume * Price 1D
Market cap
P/E ratio
(TTM)
EPS
(TTM)
Employees
Sector
FCGFONTERRA CO-OP GRP NPV
80.563.08 NZD0.98%0.03 NZD
Buy
64.551K198.817K NZD4.909B NZD8.430.36 NZD5.146KConsumer Non-Durables