On July 12, the following stocks were determined to be overbought: AMERIGROUP Corporation, General Communication Inc, and Lincare Holdings 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 AMERIGROUP Corporation (AGP) fell by 0.03% or $-0.03/share to $89.66. In the past year, the shares have traded as low as $37.57 and as high as $89.83. On average, 1537110 shares of AGP exchange hands on a given day and today's volume is recorded at 1265148.
Shares of General Communication Inc (GNCMA) fell by 0.31% or $-0.03/share to $9.74. In the past year, the shares have traded as low as $6.18 and as high as $12.63. On average, 126790 shares of GNCMA exchange hands on a given day and today's volume is recorded at 251080.
Shares of Lincare Holdings Inc (LNCR) fell by 0.39% or $-0.16/share to $41.33. In the past year, the shares have traded as low as $19.17 and as high as $41.65. On average, 3783190 shares of LNCR exchange hands on a given day and today's volume is recorded at 6740757.
