On January 10, the following stocks were determined to be overbought: Health Net, Inc, Hudson City Bancorp, Inc, CVR Partners, LP, Delphi Financial Group, Inc, and Jazz Pharmaceuticals, 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 Health Net, Inc (HNT) traded higher by 3.30% or $1.12/share to $35.03. In the past year, the shares have traded as low as $20.51 and as high as $34.03. On average, 758220 shares of HNT exchange hands on a given day and today's volume is recorded at 759906.
Shares of Hudson City Bancorp, Inc (HCBK) traded higher by 3.44% or $0.24/share to $7.22. In the past year, the shares have traded as low as $5.08 and as high as $12.60. On average, 5584730 shares of HCBK exchange hands on a given day and today's volume is recorded at 5516612.
Shares of CVR Partners, LP (UAN) traded higher by 0.70% or $0.20/share to $28.61. In the past year, the shares have traded as low as $16.09 and as high as $29.06. On average, 238650 shares of UAN exchange hands on a given day and today's volume is recorded at 253073.
Shares of Delphi Financial Group, Inc (DFG) traded higher by 0.18% or $0.08/share to $44.32. In the past year, the shares have traded as low as $19.95 and as high as $44.65. On average, 753710 shares of DFG exchange hands on a given day and today's volume is recorded at 300780.
Shares of Jazz Pharmaceuticals, Inc (JAZZ) traded higher by 0.27% or $0.13/share to $48.33. In the past year, the shares have traded as low as $18.85 and as high as $48.79. On average, 761990 shares of JAZZ exchange hands on a given day and today's volume is recorded at 428362.
