Overvalued stocks — Qatari 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.

           
GISS GULF INTERNATIONAL SERVICES QPSC
1.732.19%0.04Buy35.140M3.208B-0.20Miscellaneous
IQCD INDUSTRIES QATAR QPSC
15.790.70%0.11Buy2.225M95.529B18.870.83Process Industries
MCCS MANNAI CORPORATION QPSC
4.600.07%0.00Buy810.390K2.098B6.270.73Technology Services
MPHC MESAIEED PETROCHEMICAL HOLDING QPSC
2.412.55%0.06Strong Buy12.217M30.277B22.600.10Process Industries
QAMC QATAR ALUMINIUM MANUFACTURING QPSC
2.053.43%0.07Strong Buy69.990M11.439B30.030.07Finance
QGMD QATARI GERMAN FOR MEDICAL DEVICES QPSC
3.71-3.05%-0.12Buy4.454M428.852M130.720.03Health Technology
QNBK QATAR NATIONAL BANK QPSC
19.841.12%0.22Strong Buy7.216M183.251B15.391.27Finance
Load More