On April 24, the following stocks were determined to be overbought: Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, Ardea Biosciences, Inc, Niska Gas Storage Partners LLC, Transcend Services, Inc, and Kimberly-Clark Corporation. 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 Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) traded higher by 1.88% or $0.64/share to $34.71. In the past year, the shares have traded as low as $29.26 and as high as $36.96. On average, 383750 shares of TLK exchange hands on a given day and today's volume is recorded at 117744.
Shares of Ardea Biosciences, Inc (RDEA) remained unchanged at $31.62. In the past year, the shares have traded as low as $13.15 and as high as $31.64. On average, 726640 shares of RDEA exchange hands on a given day and today's volume is recorded at 2502645.
Shares of Niska Gas Storage Partners LLC (NKA) traded higher by 6.04% or $0.70/share to $12.28. In the past year, the shares have traded as low as $8.17 and as high as $19.71. On average, 222920 shares of NKA exchange hands on a given day and today's volume is recorded at 270798.
Shares of Transcend Services, Inc (TRCR) traded higher by 0.02% or $0.01/share to $29.5. In the past year, the shares have traded as low as $19.00 and as high as $30.26. On average, 413850 shares of TRCR exchange hands on a given day and today's volume is recorded at 35567.
Shares of Kimberly-Clark Corporation (KMB) traded higher by 1.76% or $1.35/share to $78.0. In the past year, the shares have traded as low as $59.17 and as high as $77.09. On average, 2275820 shares of KMB exchange hands on a given day and today's volume is recorded at 1574641.
