On August 1, the following stocks were determined to be overbought: Sun Healthcare Group, 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 Sun Healthcare Group, Inc (SUNH) remained unchanged at $8.36. In the past year, the shares have traded as low as $2.06 and as high as $8.50. On average, 879780 shares of SUNH exchange hands on a given day and today's volume is recorded at 52391.
