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Tuesday, January 3, 2012

Overbought Stocks: (SFSF), (KMR), (DMAN), (KMP), (DFG)

On January 3, the following stocks were determined to be overbought: SuccessFactors, Inc, Kinder Morgan Management LLC, DemandTec, Inc, Kinder Morgan Energy Partners LP, and Delphi Financial Group, 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 SuccessFactors, Inc (SFSF) fell by 0.10% or $-0.04/share to $39.83. In the past year, the shares have traded as low as $19.46 and as high as $40.44. On average, 2770400 shares of SFSF exchange hands on a given day and today's volume is recorded at 2233259.

Shares of Kinder Morgan Management LLC (KMR) fell by 0.04% or $-0.03/share to $78.49. In the past year, the shares have traded as low as $54.07 and as high as $78.68. On average, 307310 shares of KMR exchange hands on a given day and today's volume is recorded at 71801.

Shares of DemandTec, Inc (DMAN) fell by 0.38% or $-0.05/share to $13.12. In the past year, the shares have traded as low as $5.41 and as high as $14.08. On average, 986450 shares of DMAN exchange hands on a given day and today's volume is recorded at 1493977.

Shares of Kinder Morgan Energy Partners LP (KMP) fell by 0.14% or $-0.12/share to $84.83. In the past year, the shares have traded as low as $62.48 and as high as $84.95. On average, 697520 shares of KMP exchange hands on a given day and today's volume is recorded at 156916.

Shares of Delphi Financial Group, Inc (DFG) traded higher by 0.05% or $0.02/share to $44.32. In the past year, the shares have traded as low as $19.95 and as high as $44.55. On average, 694100 shares of DFG exchange hands on a given day and today's volume is recorded at 275540.