On June 29, the following stocks were determined to be overbought: Pegasystems Inc, EMS Technologies Inc, Oncothyreon Inc, America's Car-Mart Inc, and Peet's Coffee & Tea 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 Pegasystems Inc (PEGA) fell by 0.35% or $-0.16/share to $45.09. In the past year, the shares have traded as low as $20.30 and as high as $45.37. On average, 186920 shares of PEGA exchange hands on a given day and today's volume is recorded at 39953.
Shares of EMS Technologies Inc (ELMG) traded higher by 0.03% or $0.01/share to $32.94. In the past year, the shares have traded as low as $14.06 and as high as $33.03. On average, 230870 shares of ELMG exchange hands on a given day and today's volume is recorded at 99531.
Shares of Oncothyreon Inc (ONTY) fell by 0.32% or $-0.03/share to $9.4. In the past year, the shares have traded as low as $2.99 and as high as $9.50. On average, 1030300 shares of ONTY exchange hands on a given day and today's volume is recorded at 164079.
Shares of America's Car-Mart Inc (CRMT) traded higher by 1.09% or $0.36/share to $33.4. In the past year, the shares have traded as low as $20.40 and as high as $33.49. On average, 50320 shares of CRMT exchange hands on a given day and today's volume is recorded at 15571.
Shares of Peet's Coffee & Tea Inc (PEET) traded higher by 1.45% or $0.83/share to $58.08. In the past year, the shares have traded as low as $33.20 and as high as $57.58. On average, 153560 shares of PEET exchange hands on a given day and today's volume is recorded at 41139.
