On October 27, the following stocks were determined to be overbought: Unisys Corporation, Harleysville Group Inc, Temple-Inland Inc, Global Industries Ltd, and Protalix BioTherapeutics, 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 Unisys Corporation (UIS) traded higher by 0.59% or $0.16/share to $26.45. In the past year, the shares have traded as low as $13.77 and as high as $41.32. On average, 900220 shares of UIS exchange hands on a given day and today's volume is recorded at 481616.
Shares of Harleysville Group Inc (HGIC) traded higher by 0.15% or $0.09/share to $59.37. In the past year, the shares have traded as low as $24.75 and as high as $59.76. On average, 191790 shares of HGIC exchange hands on a given day and today's volume is recorded at 20927.
Shares of Temple-Inland Inc (TIN) traded higher by 0.28% or $0.09/share to $31.8. In the past year, the shares have traded as low as $18.93 and as high as $31.74. On average, 4086260 shares of TIN exchange hands on a given day and today's volume is recorded at 640507.
Shares of Global Industries Ltd (GLBL) traded higher by 0.38% or $0.03/share to $7.96. In the past year, the shares have traded as low as $3.09 and as high as $10.23. On average, 4645590 shares of GLBL exchange hands on a given day and today's volume is recorded at 877148.
Shares of Protalix BioTherapeutics, Inc (PLX) traded higher by 2.37% or $0.15/share to $6.47. In the past year, the shares have traded as low as $4.06 and as high as $10.60. On average, 190840 shares of PLX exchange hands on a given day and today's volume is recorded at 114487.
