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 (TTM) | EPS (TTM) | Employees | Sector |
---|---|---|---|---|---|---|---|---|---|---|---|---|
88.25 | 1599.00RSD | 0.95% | 15.00RSD | Buy | 966 | 1.545M | — | — | — | — | Consumer Non-Durables | |
84.92 | 1800.00RSD | 2.80% | 49.00RSD | Strong Buy | 46 | 82.8K | 61.331BRSD | — | — | — | Transportation |