On December 1, the following stocks were determined to be overbought: HealthSpring 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 HealthSpring Inc (HS) fell by 0.15% or $-0.08/share to $54.54. In the past year, the shares have traded as low as $25.84 and as high as $54.91. On average, 1840280 shares of HS exchange hands on a given day and today's volume is recorded at 156057.
