On May 11, the following stocks were determined to be overbought: Ardea Biosciences, Inc, P.F. Chang's China Bistro, Inc, Gen-Probe Inc, Allied World Assurance Company Holdings, AG, and Dean Foods Company. 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 Ardea Biosciences, Inc (RDEA) traded higher by 0.13% or $0.04/share to $31.71. In the past year, the shares have traded as low as $13.15 and as high as $31.89. On average, 972370 shares of RDEA exchange hands on a given day and today's volume is recorded at 336557.
Shares of P.F. Chang's China Bistro, Inc (PFCB) traded higher by 0.27% or $0.14/share to $51.33. In the past year, the shares have traded as low as $25.56 and as high as $51.38. On average, 820760 shares of PFCB exchange hands on a given day and today's volume is recorded at 273268.
Shares of Gen-Probe Inc (GPRO) traded higher by 0.05% or $0.04/share to $81.33. In the past year, the shares have traded as low as $53.92 and as high as $86.96. On average, 803150 shares of GPRO exchange hands on a given day and today's volume is recorded at 215007.
Shares of Allied World Assurance Company Holdings, AG (AWH) traded higher by 1.45% or $1.11/share to $77.8. In the past year, the shares have traded as low as $48.08 and as high as $77.36. On average, 235750 shares of AWH exchange hands on a given day and today's volume is recorded at 82555.
Shares of Dean Foods Company (DF) fell by 0.27% or $-0.04/share to $14.59. In the past year, the shares have traded as low as $7.83 and as high as $14.70. On average, 2598990 shares of DF exchange hands on a given day and today's volume is recorded at 818057.
