On December 9, the following stocks were determined to be overbought: SuccessFactors, Inc, DemandTec, Inc, MarkWest Energy Partners LP, Blue Coat Systems Inc, and Altisource Portfolio Solutions S.A. 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) remained unchanged at $39.8. In the past year, the shares have traded as low as $19.46 and as high as $40.44. On average, 2302760 shares of SFSF exchange hands on a given day and today's volume is recorded at 2339039.
Shares of DemandTec, Inc (DMAN) fell by 0.27% or $-0.04/share to $13.11. In the past year, the shares have traded as low as $5.41 and as high as $14.07. On average, 812960 shares of DMAN exchange hands on a given day and today's volume is recorded at 2281507.
Shares of MarkWest Energy Partners LP (MWE) traded higher by 0.27% or $0.15/share to $56.22. In the past year, the shares have traded as low as $38.44 and as high as $56.40. On average, 517990 shares of MWE exchange hands on a given day and today's volume is recorded at 71555.
Shares of Blue Coat Systems Inc (BCSI) traded higher by 44.14% or $7.71/share to $25.19. In the past year, the shares have traded as low as $12.25 and as high as $32.21. On average, 682650 shares of BCSI exchange hands on a given day and today's volume is recorded at 35901208.
Shares of Altisource Portfolio Solutions S.A (ASPS) fell by 0.08% or $-0.04/share to $50.17. In the past year, the shares have traded as low as $28.25 and as high as $50.43. On average, 92280 shares of ASPS exchange hands on a given day and today's volume is recorded at 66426.
