On July 1, the following stocks were determined to be overbought: Peet's Coffee & Tea Inc, Nature's Sunshine Products Inc, Cash America International, Inc, Echo Global Logistics, Inc, and TransDigm Group Incorporated. 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 Peet's Coffee & Tea Inc (PEET) traded higher by 1.02% or $0.59/share to $58.29. In the past year, the shares have traded as low as $33.20 and as high as $58.89. On average, 151600 shares of PEET exchange hands on a given day and today's volume is recorded at 19192.
Shares of Nature's Sunshine Products Inc (NATR) traded higher by 1.28% or $0.25/share to $19.73. In the past year, the shares have traded as low as $7.72 and as high as $19.88. On average, 53920 shares of NATR exchange hands on a given day and today's volume is recorded at 36329.
Shares of Cash America International, Inc (CSH) traded higher by 1.71% or $0.99/share to $58.86. In the past year, the shares have traded as low as $29.92 and as high as $58.32. On average, 272030 shares of CSH exchange hands on a given day and today's volume is recorded at 109919.
Shares of Echo Global Logistics, Inc (ECHO) traded higher by 0.90% or $0.16/share to $17.91. In the past year, the shares have traded as low as $9.85 and as high as $17.96. On average, 117240 shares of ECHO exchange hands on a given day and today's volume is recorded at 40804.
Shares of TransDigm Group Incorporated (TDG) traded higher by 1.82% or $1.66/share to $92.85. In the past year, the shares have traded as low as $49.22 and as high as $91.31. On average, 265440 shares of TDG exchange hands on a given day and today's volume is recorded at 166412.
