On June 7, the following stocks were determined to be overbought: Duke Energy Corporation, Southern Company, Aqua America Inc, and Kensey Nash Corporation. 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 Duke Energy Corporation (DUK) traded higher by 0.66% or $0.15/share to $22.84. In the past year, the shares have traded as low as $16.06 and as high as $22.76. On average, 13241730 shares of DUK exchange hands on a given day and today's volume is recorded at 1687239.
Shares of Southern Company (SO) traded higher by 0.51% or $0.24/share to $47.27. In the past year, the shares have traded as low as $34.60 and as high as $47.03. On average, 4173279 shares of SO exchange hands on a given day and today's volume is recorded at 1276663.
Shares of Aqua America Inc (WTR) fell by 0.12% or $-0.03/share to $24.36. In the past year, the shares have traded as low as $18.72 and as high as $24.42. On average, 516980 shares of WTR exchange hands on a given day and today's volume is recorded at 92603.
Shares of Kensey Nash Corporation (KNSY) fell by 0.10% or $-0.04/share to $38.45. In the past year, the shares have traded as low as $17.80 and as high as $38.69. On average, 130820 shares of KNSY exchange hands on a given day and today's volume is recorded at 61344.
