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

Wednesday, May 16, 2012

Overbought Stocks: (SMSC), (PFCB), (KNSY), (VAC), (CHD)

On May 16, the following stocks were determined to be overbought: Standard Microsystems Corp, P.F. Chang's China Bistro, Inc, Kensey Nash Corporation, Marriott Vacations Worldwide Corp, and Church & Dwight Co. 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 Standard Microsystems Corp (SMSC) fell by 0.03% or $-0.01/share to $36.56. In the past year, the shares have traded as low as $17.98 and as high as $36.88. On average, 475440 shares of SMSC exchange hands on a given day and today's volume is recorded at 22480.

Shares of P.F. Chang's China Bistro, Inc (PFCB) traded higher by 0.02% or $0.01/share to $51.48. In the past year, the shares have traded as low as $25.56 and as high as $51.66. On average, 840900 shares of PFCB exchange hands on a given day and today's volume is recorded at 68194.

Shares of Kensey Nash Corporation (KNSY) traded higher by 0.05% or $0.02/share to $38.51. In the past year, the shares have traded as low as $17.80 and as high as $38.69. On average, 117760 shares of KNSY exchange hands on a given day and today's volume is recorded at 15394.

Shares of Marriott Vacations Worldwide Corp (VAC) traded higher by 1.40% or $0.46/share to $33.35. In the past year, the shares have traded as low as $15.75 and as high as $33.44. On average, 436150 shares of VAC exchange hands on a given day and today's volume is recorded at 117233.

Shares of Church & Dwight Co. Inc (CHD) fell by 0.04% or $-0.02/share to $54.2. In the past year, the shares have traded as low as $36.13 and as high as $54.35. On average, 761310 shares of CHD exchange hands on a given day and today's volume is recorded at 94204.