On June 21, the following stocks were determined to be overbought: Central Vermont Public Service Corp, EMS Technologies Inc, Capstead Mortgage Corp, Oncothyreon Inc, and Volcom 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) traded higher by 0.06% or $0.02/share to $34.45. In the past year, the shares have traded as low as $18.49 and as high as $34.78. On average, 98260 shares of CV exchange hands on a given day and today's volume is recorded at 14920.
Shares of EMS Technologies Inc (ELMG) traded higher by 0.12% or $0.04/share to $32.92. In the past year, the shares have traded as low as $14.06 and as high as $32.92. On average, 221180 shares of ELMG exchange hands on a given day and today's volume is recorded at 75620.
Shares of Capstead Mortgage Corp (CMO) traded higher by 0.20% or $0.03/share to $13.91. In the past year, the shares have traded as low as $9.81 and as high as $13.88. On average, 746420 shares of CMO exchange hands on a given day and today's volume is recorded at 52044.
Shares of Oncothyreon Inc (ONTY) traded higher by 3.88% or $0.33/share to $8.84. In the past year, the shares have traded as low as $2.99 and as high as $8.51. On average, 650490 shares of ONTY exchange hands on a given day and today's volume is recorded at 465439.
Shares of Volcom Inc (VLCM) remained unchanged at $24.51. In the past year, the shares have traded as low as $15.04 and as high as $24.59. On average, 325930 shares of VLCM exchange hands on a given day and today's volume is recorded at 21242.
