On November 10, the following stocks were determined to be overbought: Medivation, Inc, Inhibitex, Inc, Harleysville Group Inc, and Goodrich Corp. 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 Medivation, Inc (MDVN) traded higher by 1.52% or $0.61/share to $41.06. In the past year, the shares have traded as low as $10.96 and as high as $44.93. On average, 862380 shares of MDVN exchange hands on a given day and today's volume is recorded at 128574.
Shares of Inhibitex, Inc (INHX) fell by 1.36% or $-0.13/share to $9.37. In the past year, the shares have traded as low as $1.89 and as high as $10.60. On average, 1293850 shares of INHX exchange hands on a given day and today's volume is recorded at 406249.
Shares of Harleysville Group Inc (HGIC) traded higher by 0.12% or $0.07/share to $59.04. In the past year, the shares have traded as low as $24.75 and as high as $59.76. On average, 204030 shares of HGIC exchange hands on a given day and today's volume is recorded at 10470.
Shares of Goodrich Corp (GR) traded higher by 0.02% or $0.02/share to $122.54. In the past year, the shares have traded as low as $79.18 and as high as $123.17. On average, 3655520 shares of GR exchange hands on a given day and today's volume is recorded at 164210.
