On August 8, the following stocks were determined to be overbought: 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 EMS Technologies Inc (ELMG) remained unchanged at $32.93. In the past year, the shares have traded as low as $14.24 and as high as $33.05. On average, 293800 shares of ELMG exchange hands on a given day and today's volume is recorded at 120847.
Shares of Timberland Co (TBL) fell by 0.09% or $-0.04/share to $42.69. In the past year, the shares have traded as low as $15.83 and as high as $45.72. On average, 1828150 shares of TBL exchange hands on a given day and today's volume is recorded at 1790752.
