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Tuesday, April 24, 2012

Stocks That Could Be Done Going Higher: (ZOLL), (HGSI)

On April 24, the following stocks were determined to be overbought: ZOLL Medical Corp, and Human Genome Sciences 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 0.02% or $0.02/share to $92.97. In the past year, the shares have traded as low as $33.84 and as high as $93.65. On average, 569270 shares of ZOLL exchange hands on a given day and today's volume is recorded at 41345.

Shares of Human Genome Sciences Inc (HGSI) traded higher by 0.21% or $0.03/share to $14.62. In the past year, the shares have traded as low as $6.51 and as high as $30.00. On average, 9157410 shares of HGSI exchange hands on a given day and today's volume is recorded at 1386513.