On October 24, the following stocks were determined to be overbought: Caliper Life Sciences, Inc, NetLogic Microsystems Inc, Xyratex Ltd, Atlas Energy, Inc, and Temple-Inland 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 Caliper Life Sciences, Inc (CALP) remained unchanged at $10.48. In the past year, the shares have traded as low as $4.04 and as high as $10.56. On average, 1825180 shares of CALP exchange hands on a given day and today's volume is recorded at 227078.
Shares of NetLogic Microsystems Inc (NETL) traded higher by 0.18% or $0.09/share to $49.18. In the past year, the shares have traded as low as $25.35 and as high as $49.10. On average, 3484310 shares of NETL exchange hands on a given day and today's volume is recorded at 338442.
Shares of Xyratex Ltd (XRTX) traded higher by 1.03% or $0.14/share to $13.3. In the past year, the shares have traded as low as $7.58 and as high as $17.18. On average, 391650 shares of XRTX exchange hands on a given day and today's volume is recorded at 232720.
Shares of Atlas Energy, Inc (ATLS) fell by 0.17% or $-0.04/share to $23.84. In the past year, the shares have traded as low as $8.83 and as high as $26.99. On average, 418000 shares of ATLS exchange hands on a given day and today's volume is recorded at 178540.
Shares of Temple-Inland Inc (TIN) traded higher by 0.08% or $0.03/share to $31.6. In the past year, the shares have traded as low as $18.93 and as high as $31.64. On average, 4094630 shares of TIN exchange hands on a given day and today's volume is recorded at 335696.
