On June 17, the following stocks were determined to be overbought: Central Vermont Public Service Corp, and Oncothyreon Inc. The demand for these stocks have pushed the prices of the underlying assets to levels that do not support the fundamentals. This is interpreted as a sign that the stocks are overvalued and may experience a pullback.
Shares of Central Vermont Public Service Corp (CV) fell by 0.03% or $-0.01/share to $34.38. In the past year, the shares have traded as low as $18.49 and as high as $34.78. On average, 93560 shares of CV exchange hands on a given day and today's volume is recorded at 120761.
Shares of Oncothyreon Inc (ONTY) traded higher by 2.17% or $0.17/share to $8.0. In the past year, the shares have traded as low as $2.99 and as high as $7.99. On average, 602090 shares of ONTY exchange hands on a given day and today's volume is recorded at 306764.
