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

Friday, August 26, 2011

Overbought Alert: (MMI)

On August 26, the following stocks were determined to be overbought: Motorola Mobility Holdings, 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 Motorola Mobility Holdings, Inc (MMI) fell by 0.16% or $-0.06/share to $37.79. In the past year, the shares have traded as low as $20.77 and as high as $38.73. On average, 6772680 shares of MMI exchange hands on a given day and today's volume is recorded at 4212697.