On September 13, the following stocks were determined to be overbought: Sunoco Logistics Partners L.P, Ariad Pharmaceuticals Inc, magicJack VocalTec Ltd, Kimball International, Inc, and Central European Media Enterprises Ltd. 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 Sunoco Logistics Partners L.P (SXL) fell by 0.18% or $-0.09/share to $48.91. In the past year, the shares have traded as low as $26.95 and as high as $49.27. On average, 184930 shares of SXL exchange hands on a given day and today's volume is recorded at 78151.
Shares of Ariad Pharmaceuticals Inc (ARIA) fell by 0.13% or $-0.03/share to $22.92. In the past year, the shares have traded as low as $7.72 and as high as $23.30. On average, 2385120 shares of ARIA exchange hands on a given day and today's volume is recorded at 241049.
Shares of magicJack VocalTec Ltd (CALL) fell by 0.11% or $-0.03/share to $26.72. In the past year, the shares have traded as low as $9.75 and as high as $28.22. On average, 390310 shares of CALL exchange hands on a given day and today's volume is recorded at 100889.
Shares of Kimball International, Inc (KBALB) traded higher by 1.22% or $0.15/share to $12.45. In the past year, the shares have traded as low as $4.50 and as high as $12.37. On average, 223510 shares of KBALB exchange hands on a given day and today's volume is recorded at 55077.
Shares of Central European Media Enterprises Ltd (CETV) remained unchanged at $6.89. In the past year, the shares have traded as low as $4.63 and as high as $12.34. On average, 217510 shares of CETV exchange hands on a given day and today's volume is recorded at 48114.
