On April 18, the following stocks were determined to be overbought: VeriSign, Inc, SXC Health Solutions, Corp, Catalyst Health Solutions, Inc, and Texas Pacific Land Trust. 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 VeriSign, Inc (VRSN) traded higher by 0.60% or $0.25/share to $42.14. In the past year, the shares have traded as low as $27.00 and as high as $42.07. On average, 1883580 shares of VRSN exchange hands on a given day and today's volume is recorded at 527184.
Shares of SXC Health Solutions, Corp (SXCI) traded higher by 8.36% or $6.71/share to $86.98. In the past year, the shares have traded as low as $40.36 and as high as $81.67. On average, 402310 shares of SXCI exchange hands on a given day and today's volume is recorded at 6752173.
Shares of Catalyst Health Solutions, Inc (CHSI) traded higher by 31.43% or $19.97/share to $83.51. In the past year, the shares have traded as low as $45.35 and as high as $67.58. On average, 290360 shares of CHSI exchange hands on a given day and today's volume is recorded at 6721350.
Shares of Texas Pacific Land Trust (TPL) traded higher by 3.96% or $2.09/share to $54.87. In the past year, the shares have traded as low as $33.45 and as high as $53.67. On average, 12970 shares of TPL exchange hands on a given day and today's volume is recorded at 12128.