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Monday, July 11, 2011

These Stocks Are Overbought: (CV), (SUG), (APAC), (ONE), (GMCR)

On July 11, the following stocks were determined to be overbought: Central Vermont Public Service Corp, Southern Union Co, APAC Customer Services Inc, Higher One Inc, and Green Mountain Coffee Roasters 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 0.17% or $-0.06/share to $36.06. In the past year, the shares have traded as low as $18.49 and as high as $36.36. On average, 130770 shares of CV exchange hands on a given day and today's volume is recorded at 11273.

Shares of Southern Union Co (SUG) fell by 0.62% or $-0.26/share to $41.89. In the past year, the shares have traded as low as $21.54 and as high as $42.53. On average, 2796970 shares of SUG exchange hands on a given day and today's volume is recorded at 323935.

Shares of APAC Customer Services Inc (APAC) fell by 0.12% or $-0.01/share to $8.43. In the past year, the shares have traded as low as $4.61 and as high as $8.45. On average, 727780 shares of APAC exchange hands on a given day and today's volume is recorded at 1132471.

Shares of Higher One Inc (ONE) traded higher by 0.92% or $0.18/share to $19.71. In the past year, the shares have traded as low as $10.79 and as high as $21.97. On average, 351670 shares of ONE exchange hands on a given day and today's volume is recorded at 101820.

Shares of Green Mountain Coffee Roasters Inc (GMCR) fell by 0.30% or $-0.29/share to $95.91. In the past year, the shares have traded as low as $26.14 and as high as $96.91. On average, 2536680 shares of GMCR exchange hands on a given day and today's volume is recorded at 223756.