Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, April 4, 2012

Overbought Stocks: (ZOLL), (CONN), (TLEO), (SBUX), (AVP)

On April 4, the following stocks were determined to be overbought: ZOLL Medical Corp, Conns Inc, Taleo Corp, Starbucks Corporation, and Avon Products 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) traded higher by 0.10% or $0.09/share to $92.75. In the past year, the shares have traded as low as $33.84 and as high as $93.65. On average, 508280 shares of ZOLL exchange hands on a given day and today's volume is recorded at 83987.

Shares of Conns Inc (CONN) traded higher by 1.42% or $0.27/share to $19.32. In the past year, the shares have traded as low as $4.75 and as high as $19.83. On average, 213980 shares of CONN exchange hands on a given day and today's volume is recorded at 149905.

Shares of Taleo Corp (TLEO) fell by 0.03% or $-0.01/share to $45.99. In the past year, the shares have traded as low as $21.44 and as high as $46.00. On average, 1538130 shares of TLEO exchange hands on a given day and today's volume is recorded at 54580.

Shares of Starbucks Corporation (SBUX) traded higher by 1.02% or $0.58/share to $57.49. In the past year, the shares have traded as low as $33.47 and as high as $57.17. On average, 5856420 shares of SBUX exchange hands on a given day and today's volume is recorded at 1192446.

Shares of Avon Products Inc (AVP) traded higher by 2.25% or $0.50/share to $22.69. In the past year, the shares have traded as low as $15.90 and as high as $30.26. On average, 6697710 shares of AVP exchange hands on a given day and today's volume is recorded at 3740043.