On September 17, the following stocks were determined to be overbought: Jarden Corp, OPNET Technologies Inc, Heckmann Corporation, Walter Investment Management Corp, and Credit Suisse Group. 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 Jarden Corp (JAH) fell by 0.71% or $-0.38/share to $53.3. In the past year, the shares have traded as low as $26.45 and as high as $54.26. On average, 949120 shares of JAH exchange hands on a given day and today's volume is recorded at 96185.
Shares of OPNET Technologies Inc (OPNT) fell by 0.17% or $-0.06/share to $34.66. In the past year, the shares have traded as low as $21.84 and as high as $47.12. On average, 112930 shares of OPNT exchange hands on a given day and today's volume is recorded at 26833.
Shares of Heckmann Corporation (HEK) fell by 0.82% or $-0.04/share to $4.82. In the past year, the shares have traded as low as $2.60 and as high as $7.05. On average, 3226100 shares of HEK exchange hands on a given day and today's volume is recorded at 1958940.
Shares of Walter Investment Management Corp (WAC) traded higher by 0.23% or $0.09/share to $37.19. In the past year, the shares have traded as low as $17.94 and as high as $37.51. On average, 31830 shares of WAC exchange hands on a given day and today's volume is recorded at 21660.
Shares of Credit Suisse Group (CS) traded higher by 1.51% or $0.35/share to $23.46. In the past year, the shares have traded as low as $16.05 and as high as $31.26. On average, 2554920 shares of CS exchange hands on a given day and today's volume is recorded at 1259742.
