On January 3, the following stocks were determined to be overbought: Enbridge Energy 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 Enbridge Energy Management LLC (EEQ) traded higher by 0.95% or $0.33/share to $35.09. In the past year, the shares have traded as low as $25.29 and as high as $34.93. On average, 68820 shares of EEQ exchange hands on a given day and today's volume is recorded at 14916.
