On March 26, the following stocks were determined to be overbought: ZOLL Medical Corp, Spectrum Brands Holdings, Inc, Dick's Sporting Goods Inc, Ligand Pharmaceuticals Incorporated, and Cost Plus 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 ZOLL Medical Corp (ZOLL) fell by 0.02% or $-0.02/share to $92.73. In the past year, the shares have traded as low as $33.84 and as high as $93.65. On average, 407900 shares of ZOLL exchange hands on a given day and today's volume is recorded at 289723.
Shares of Spectrum Brands Holdings, Inc (SPB) traded higher by 1.84% or $0.61/share to $33.84. In the past year, the shares have traded as low as $20.11 and as high as $36.38. On average, 188100 shares of SPB exchange hands on a given day and today's volume is recorded at 34782.
Shares of Dick's Sporting Goods Inc (DKS) fell by 0.04% or $-0.02/share to $49.13. In the past year, the shares have traded as low as $28.66 and as high as $49.97. On average, 1675710 shares of DKS exchange hands on a given day and today's volume is recorded at 364596.
Shares of Ligand Pharmaceuticals Incorporated (LGND) traded higher by 2.82% or $0.51/share to $18.56. In the past year, the shares have traded as low as $9.39 and as high as $18.22. On average, 90700 shares of LGND exchange hands on a given day and today's volume is recorded at 21993.
Shares of Cost Plus Inc (CPWM) fell by 0.91% or $-0.17/share to $18.49. In the past year, the shares have traded as low as $5.57 and as high as $18.98. On average, 303950 shares of CPWM exchange hands on a given day and today's volume is recorded at 191049.
