On August 4, the following stocks were determined to be overbought: Arch Chemicals Inc, Ameron International Corporation, EMS Technologies Inc, and Timberland Co. 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 Arch Chemicals Inc (ARJ) fell by 0.23% or $-0.11/share to $47.01. In the past year, the shares have traded as low as $28.80 and as high as $47.76. On average, 475450 shares of ARJ exchange hands on a given day and today's volume is recorded at 125255.
Shares of Ameron International Corporation (AMN) fell by 0.15% or $-0.13/share to $84.91. In the past year, the shares have traded as low as $54.52 and as high as $85.83. On average, 149240 shares of AMN exchange hands on a given day and today's volume is recorded at 143647.
Shares of EMS Technologies Inc (ELMG) fell by 0.03% or $-0.01/share to $32.96. In the past year, the shares have traded as low as $14.24 and as high as $33.05. On average, 287620 shares of ELMG exchange hands on a given day and today's volume is recorded at 53290.
Shares of Timberland Co (TBL) remained unchanged at $42.79. In the past year, the shares have traded as low as $15.83 and as high as $45.72. On average, 1801500 shares of TBL exchange hands on a given day and today's volume is recorded at 729396.
