On August 22, the following stocks were determined to be overbought: Brookdale Senior Living Inc, Robbins & Myers Inc, Daktronics Inc, Chico's FAS Inc, and ANN 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 Brookdale Senior Living Inc (BKD) traded higher by 8.14% or $1.62/share to $21.53. In the past year, the shares have traded as low as $10.98 and as high as $20.49. On average, 1263030 shares of BKD exchange hands on a given day and today's volume is recorded at 3668019.
Shares of Robbins & Myers Inc (RBN) fell by 0.20% or $-0.12/share to $59.97. In the past year, the shares have traded as low as $31.41 and as high as $60.19. On average, 923520 shares of RBN exchange hands on a given day and today's volume is recorded at 99973.
Shares of Daktronics Inc (DAKT) traded higher by 0.53% or $0.05/share to $9.48. In the past year, the shares have traded as low as $6.21 and as high as $11.73. On average, 137800 shares of DAKT exchange hands on a given day and today's volume is recorded at 220367.
Shares of Chico's FAS Inc (CHS) traded higher by 6.67% or $1.14/share to $18.22. In the past year, the shares have traded as low as $9.45 and as high as $17.08. On average, 2465390 shares of CHS exchange hands on a given day and today's volume is recorded at 8033713.
Shares of ANN INC (ANN) fell by 0.65% or $-0.23/share to $34.91. In the past year, the shares have traded as low as $21.05 and as high as $35.42. On average, 1282950 shares of ANN exchange hands on a given day and today's volume is recorded at 537579.
