On September 16, the following stocks were determined to be overbought: Fundtech Ltd. 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 Fundtech Ltd (FNDT) fell by 0.13% or $-0.03/share to $23.15. In the past year, the shares have traded as low as $13.10 and as high as $23.27. On average, 69130 shares of FNDT exchange hands on a given day and today's volume is recorded at 31192.
