On October 20, the following stocks were determined to be overbought: Harleysville Group 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 Harleysville Group Inc (HGIC) traded higher by 0.24% or $0.14/share to $59.24. In the past year, the shares have traded as low as $24.75 and as high as $59.32. On average, 183880 shares of HGIC exchange hands on a given day and today's volume is recorded at 23863.
