On December 29, the following stocks were determined to be overbought: SuccessFactors, Inc, Delphi Financial Group, Inc, SonoSite Inc, DemandTec, Inc, and Kinder Morgan Management LLC. 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 SuccessFactors, Inc (SFSF) traded higher by 0.03% or $0.01/share to $39.86. In the past year, the shares have traded as low as $19.46 and as high as $40.44. On average, 2776560 shares of SFSF exchange hands on a given day and today's volume is recorded at 261705.
Shares of Delphi Financial Group, Inc (DFG) traded higher by 0.16% or $0.07/share to $44.28. In the past year, the shares have traded as low as $19.95 and as high as $44.45. On average, 672600 shares of DFG exchange hands on a given day and today's volume is recorded at 240285.
Shares of SonoSite Inc (SONO) remained unchanged at $53.82. In the past year, the shares have traded as low as $25.74 and as high as $54.08. On average, 501660 shares of SONO exchange hands on a given day and today's volume is recorded at 41337.
Shares of DemandTec, Inc (DMAN) remained unchanged at $13.19. In the past year, the shares have traded as low as $5.41 and as high as $14.08. On average, 976940 shares of DMAN exchange hands on a given day and today's volume is recorded at 287346.
Shares of Kinder Morgan Management LLC (KMR) fell by 0.17% or $-0.13/share to $77.82. In the past year, the shares have traded as low as $54.07 and as high as $78.08. On average, 305750 shares of KMR exchange hands on a given day and today's volume is recorded at 67122.
