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Friday, July 8, 2011

Overbought Stocks: (SUG), (APAC), (HCCI), (AIR), (INTX)

On July 8, the following stocks were determined to be overbought: Southern Union Co, APAC Customer Services Inc, Heritage-Crystal Clean, Inc, AAR Corp, and Intersections 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 Southern Union Co (SUG) traded higher by 0.35% or $0.15/share to $42.42. In the past year, the shares have traded as low as $21.54 and as high as $42.46. On average, 2752140 shares of SUG exchange hands on a given day and today's volume is recorded at 647902.

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 $8.46. On average, 685400 shares of APAC exchange hands on a given day and today's volume is recorded at 1174826.

Shares of Heritage-Crystal Clean, Inc (HCCI) fell by 1.12% or $-0.25/share to $22.02. In the past year, the shares have traded as low as $7.51 and as high as $22.56. On average, 35200 shares of HCCI exchange hands on a given day and today's volume is recorded at 21647.

Shares of AAR Corp (AIR) traded higher by 0.43% or $0.13/share to $30.23. In the past year, the shares have traded as low as $14.86 and as high as $31.00. On average, 242540 shares of AIR exchange hands on a given day and today's volume is recorded at 119708.

Shares of Intersections Inc (INTX) traded higher by 1.86% or $0.39/share to $21.37. In the past year, the shares have traded as low as $3.73 and as high as $21.00. On average, 114800 shares of INTX exchange hands on a given day and today's volume is recorded at 46785.