Navigate this market better. Subscribe for FREE stock alerts and information.

Friday, July 29, 2011

Overbought Stocks: (HK), (APAC), (SONE), (ARJ)

On July 29, the following stocks were determined to be overbought: Petrohawk Energy Corporation, APAC Customer Services Inc, S1 Corporation, and Arch Chemicals 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 Petrohawk Energy Corporation (HK) remained unchanged at $38.26. In the past year, the shares have traded as low as $14.32 and as high as $38.37. On average, 9649220 shares of HK exchange hands on a given day and today's volume is recorded at 1331005.

Shares of APAC Customer Services Inc (APAC) fell by 0.06% or $-0.01/share to $8.44. In the past year, the shares have traded as low as $4.61 and as high as $8.51. On average, 983370 shares of APAC exchange hands on a given day and today's volume is recorded at 319197.

Shares of S1 Corporation (SONE) fell by 0.21% or $-0.02/share to $9.34. In the past year, the shares have traded as low as $4.73 and as high as $9.43. On average, 1114190 shares of SONE exchange hands on a given day and today's volume is recorded at 242279.

Shares of Arch Chemicals Inc (ARJ) traded higher by 0.17% or $0.08/share to $47.22. In the past year, the shares have traded as low as $28.80 and as high as $47.76. On average, 453010 shares of ARJ exchange hands on a given day and today's volume is recorded at 26820.