On June 29, the following stocks were determined to be overbought: Pharmacyclics Inc, Constellation Brands Inc, Getty Realty Corp, Sonic Corp, and Auxilium Pharmaceuticals 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 Pharmacyclics Inc (PCYC) traded higher by 2.67% or $1.40/share to $53.88. In the past year, the shares have traded as low as $8.65 and as high as $54.83. On average, 1001810 shares of PCYC exchange hands on a given day and today's volume is recorded at 172092.
Shares of Constellation Brands Inc (STZ) traded higher by 19.62% or $4.27/share to $26.03. In the past year, the shares have traded as low as $16.42 and as high as $24.87. On average, 2961840 shares of STZ exchange hands on a given day and today's volume is recorded at 3261681.
Shares of Getty Realty Corp (GTY) traded higher by 1.50% or $0.28/share to $18.96. In the past year, the shares have traded as low as $11.91 and as high as $25.24. On average, 196850 shares of GTY exchange hands on a given day and today's volume is recorded at 11411.
Shares of Sonic Corp (SONC) traded higher by 0.90% or $0.09/share to $10.09. In the past year, the shares have traded as low as $6.35 and as high as $11.34. On average, 756110 shares of SONC exchange hands on a given day and today's volume is recorded at 41715.
Shares of Auxilium Pharmaceuticals Inc (AUXL) traded higher by 1.50% or $0.40/share to $27.04. In the past year, the shares have traded as low as $13.59 and as high as $26.65. On average, 690200 shares of AUXL exchange hands on a given day and today's volume is recorded at 49600.
