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Overvalued stocks — Norwegian Stock Market

Stocks that have significantly increased in price due to a large demand are called overbought. This is often the case when there are too many buyers who push the price so high that it can’t be justified by company financials. When sellers start outweighing buyers, the price can change its direction. Another scenario that causes stocks to become overbought is when a company buys back its own stocks. Be careful when buying overvalued stocks as there could be a retracement.

           
ABG ABG SUN COL HLDG
9.75-1.12%-0.11Buy398.157K4.248B8.601.34Finance
ABT AQUA BIO TECHNOLOG
21.50-2.27%-0.50Buy386.405K389.868M-0.91Health Technology
ADE ADEVINTA ASA
170.900.53%0.90Buy48.548K116.827B-1.134150.00Commercial Services
BWEK BW EPIC KOSAN LTD
24.000.00%0.00Buy1.140K3.737B33.370.73Transportation
GENT GENTIAN DIAGNO ASA
67.80-1.74%-1.20Buy3.897K1.002B-1.0947.00Health Technology
IFISH ICE FISH FARM AS
47.500.85%0.40Strong Buy523Process Industries
MPCC MPC CONTAIN SHIPS
26.904.26%1.10Strong Buy2.757M9.789B-1.86Transportation
TOM TOMRA SYSTEMS ASA
478.200.59%2.80Buy22.693K70.429B76.866.214307.00Producer Manufacturing
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