On January 4, the following stocks were determined to be overbought: DemandTec, Inc, Delphi Financial Group, Inc, Plains All American Pipeline, L.P, Kinder Morgan Management LLC, and 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 DemandTec, Inc (DMAN) traded higher by 0.08% or $0.01/share to $13.14. In the past year, the shares have traded as low as $5.41 and as high as $14.08. On average, 1047250 shares of DMAN exchange hands on a given day and today's volume is recorded at 471750.
Shares of Delphi Financial Group, Inc (DFG) fell by 0.05% or $-0.02/share to $44.27. In the past year, the shares have traded as low as $19.95 and as high as $44.65. On average, 708200 shares of DFG exchange hands on a given day and today's volume is recorded at 364831.
Shares of Plains All American Pipeline, L.P (PAA) traded higher by 0.11% or $0.08/share to $73.46. In the past year, the shares have traded as low as $54.07 and as high as $74.18. On average, 649520 shares of PAA exchange hands on a given day and today's volume is recorded at 91240.
Shares of Kinder Morgan Management LLC (KMR) traded higher by 0.74% or $0.58/share to $79.13. In the past year, the shares have traded as low as $54.07 and as high as $79.75. On average, 309730 shares of KMR exchange hands on a given day and today's volume is recorded at 47505.
Shares of Enbridge Energy Management LLC (EEQ) traded higher by 0.32% or $0.11/share to $34.95. In the past year, the shares have traded as low as $25.29 and as high as $35.54. On average, 68930 shares of EEQ exchange hands on a given day and today's volume is recorded at 61730.
