On August 6, the following stocks were determined to be overbought: Kimball International, Inc, Lincare Holdings Inc, MTS Systems Corp, AuthenTec, Inc, and Medifast 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 Kimball International, Inc (KBALB) traded higher by 6.27% or $0.64/share to $10.84. In the past year, the shares have traded as low as $4.50 and as high as $10.24. On average, 117050 shares of KBALB exchange hands on a given day and today's volume is recorded at 214105.
Shares of Lincare Holdings Inc (LNCR) traded higher by 0.04% or $0.02/share to $41.49. In the past year, the shares have traded as low as $19.08 and as high as $41.49. On average, 4311000 shares of LNCR exchange hands on a given day and today's volume is recorded at 770641.
Shares of MTS Systems Corp (MTSC) traded higher by 4.79% or $2.37/share to $51.89. In the past year, the shares have traded as low as $27.50 and as high as $54.45. On average, 76510 shares of MTSC exchange hands on a given day and today's volume is recorded at 79745.
Shares of AuthenTec, Inc (AUTH) fell by 0.60% or $-0.05/share to $8.35. In the past year, the shares have traded as low as $2.23 and as high as $8.83. On average, 1232390 shares of AUTH exchange hands on a given day and today's volume is recorded at 544626.
Shares of Medifast Inc (MED) traded higher by 1.34% or $0.37/share to $28.03. In the past year, the shares have traded as low as $12.97 and as high as $28.58. On average, 233730 shares of MED exchange hands on a given day and today's volume is recorded at 79317.
