On September 6, the following stocks were determined to be overbought: Telvent Git S.A, and 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 Telvent Git S.A (TLVT) traded higher by 1.47% or $0.60/share to $41.19. In the past year, the shares have traded as low as $19.40 and as high as $40.85. On average, 357830 shares of TLVT exchange hands on a given day and today's volume is recorded at 20000.
Shares of Motorola Mobility Holdings, Inc (MMI) fell by 0.26% or $-0.10/share to $37.65. In the past year, the shares have traded as low as $20.77 and as high as $38.73. On average, 7399420 shares of MMI exchange hands on a given day and today's volume is recorded at 1168720.
