On March 28, the following stocks were determined to be overbought: Peet's Coffee & Tea, Inc, Guidewire Software, Inc, SureWest Communications, Taleo Corp, and Apple 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 Peet's Coffee & Tea, Inc (PEET) traded higher by 0.17% or $0.13/share to $76.88. In the past year, the shares have traded as low as $44.78 and as high as $77.51. On average, 125900 shares of PEET exchange hands on a given day and today's volume is recorded at 37405.
Shares of Guidewire Software, Inc (GWRE) traded higher by 0.71% or $0.25/share to $35.25. In the past year, the shares have traded as low as $16.45 and as high as $38.13. On average, 364400 shares of GWRE exchange hands on a given day and today's volume is recorded at 14834.
Shares of SureWest Communications (SURW) traded higher by 0.05% or $0.01/share to $22.62. In the past year, the shares have traded as low as $8.99 and as high as $22.79. On average, 106560 shares of SURW exchange hands on a given day and today's volume is recorded at 11946.
Shares of Taleo Corp (TLEO) traded higher by 0.01% or $0.00/share to $45.94. In the past year, the shares have traded as low as $21.44 and as high as $45.96. On average, 1520060 shares of TLEO exchange hands on a given day and today's volume is recorded at 82160.
Shares of Apple Inc (AAPL) traded higher by 0.86% or $5.28/share to $619.74. In the past year, the shares have traded as low as $310.51 and as high as $616.29. On average, 18666990 shares of AAPL exchange hands on a given day and today's volume is recorded at 6495793.
