Australian Stock Market
Overvalued stocks
Stocks that have significantly increased in price due a large demand are called overbought. This is often the case when there are too many buyers who push the price so high that it can’t be justified by company financials. When sellers start outweighing buyers, the price can change its direction. Another scenario that causes stocks to become overbought is when a company buys back its own stocks. Be careful when buying overvalued stocks as there could be a retracement.
| A3D AURORALABS FPO | 0.69 | -2.82% | -0.02 | Buy | 204.667K | 44.608M | — | -0.09 | — | Technology |
| ACF ACROW FPO | 0.55 | 2.80% | 0.01 | Buy | 764.916K | 88.011M | 11.66 | 0.05 | — | Industrials |
| ADJ ADSLOT LTD FPO | 0.05 | -2.13% | -0.00 | Buy | 125.000K | 56.538M | — | -0.01 | 1.00 | Technology |
| AGG ANGLOGOLD CDI 5:1 | 2.59 | -0.38% | -0.01 | Buy | 700 | 4.935B | 200.71 | 0.06 | 51480.00 | Basic Materials |
| AIA AUCK AIRPT FPO NZX | 6.76 | 0.45% | 0.03 | Buy | 137.015K | 7.934B | 13.27 | 0.50 | 300.00 | Industrials |
| AMI AURELIA FPO | 0.76 | -0.65% | -0.01 | Buy | 8.371M | 616.233M | 5.34 | 0.14 | 57.00 | Basic Materials |
| AQZ AAVIATION FPO | 2.45 | 4.70% | 0.11 | Buy | 59.614K | 279.807M | 15.40 | 0.15 | 512.00 | Industrials |
| ARV ARTEMIS FPO | 0.23 | 15.00% | 0.03 | Buy | 2.240M | 111.849M | 13.46 | 0.01 | — | Basic Materials |
| AVA AVA RISK FPO | 0.22 | 15.79% | 0.03 | Buy | 2.096M | 37.997M | — | -0.03 | 48.00 | Financials |
| BDR BEADELL FPO | 0.07 | 21.05% | 0.01 | Buy | 10.369M | 83.720M | — | -0.07 | 3304.00 | Basic Materials |
| CIW CLIME INV FPO | 0.54 | 2.88% | 0.01 | Strong Buy | 106.254K | 29.389M | 27.95 | 0.02 | 7.00 | Financials |
| CLT CELLNET FPO | 0.50 | 0.00% | 0.00 | Strong Buy | 3.425K | 28.558M | 4.71 | 0.11 | 350.00 | Consumer Cyclicals |
| CMM CAPMETALS FPO | 0.09 | 50.85% | 0.03 | Strong Buy | 10.100M | 43.380M | — | -0.01 | 44.00 | Basic Materials |
| CUV CLINUVEL FPO | 19.82 | 4.65% | 0.88 | Strong Buy | 75.789K | 880.448M | 66.47 | 0.28 | 16.00 | Healthcare |
| CYC CYCLOPHARM FPO | 1.00 | 1.01% | 0.01 | Buy | 5.000K | 61.429M | — | -0.01 | 36.00 | Healthcare |
| CZL CONS ZINC FPO | 0.03 | 3.85% | 0.00 | Buy | 11.305M | 22.380M | — | -0.00 | — | Energy |
| DAU DAMPIERGOL FPO | 0.04 | 2.70% | 0.00 | Buy | 338.015K | 4.427M | — | -0.01 | — | Basic Materials |
| DGR DGR GLOBAL FPO | 0.14 | 0.00% | 0.00 | Strong Buy | 1.005M | 76.648M | — | -0.00 | 5.00 | Basic Materials |
| DYL D YELLOW FPO | 0.53 | 9.28% | 0.04 | Buy | 561.889K | 90.484M | — | -0.01 | 25.00 | Energy |
| EEU BETA EURO ETF UNITS | 15.80 | 0.57% | 0.09 | Buy | 1.300K | — | — | — | — | — |
| EGG ENERO FPO | 1.29 | 0.00% | 0.00 | Strong Buy | 12.187K | 110.430M | 12.90 | 0.10 | 500.00 | Consumer Cyclicals |
| ELS ELSIGHT FPO | 0.83 | 2.47% | 0.02 | Buy | 335.571K | 21.690M | — | -0.06 | — | Technology |
| ENE ENEVIS FPO | 0.28 | 0.00% | 0.00 | Buy | 8.500K | 18.179M | — | -0.07 | 99.00 | Industrials |
| EOL ENERGY ONE FPO | 1.10 | 0.00% | 0.00 | Buy | 1.896K | 22.375M | 21.63 | 0.05 | 14.00 | Technology |
| FTT FACTOR TH FPO | 0.07 | 13.79% | 0.01 | Buy | 1.251M | 47.557M | — | -0.01 | — | Healthcare |
| FYI FYI RES FPO | 0.14 | 8.00% | 0.01 | Buy | 408.418K | 22.374M | — | -0.01 | 0.00 | Energy |
| GRR GRANGE FPO | 0.24 | 2.08% | 0.01 | Buy | 1.193M | 271.975M | 2.39 | 0.10 | 581.00 | Basic Materials |
| GZL GAZAL FPO | 4.20 | 4.48% | 0.18 | Buy | 4.625K | 175.242M | — | — | 701.00 | Consumer Cyclicals |
| HLO HELLOWORLD FPO | 5.80 | 3.02% | 0.17 | Buy | 25.910K | 698.490M | 20.82 | 0.27 | 1807.00 | Consumer Cyclicals |
| HZR HAZERGROUP FPO | 0.42 | 13.33% | 0.05 | Buy | 1.094M | 32.230M | — | -0.14 | — | Basic Materials |
| IOF INVESTA STAPLED | 5.53 | 0.00% | 0.00 | Buy | 609.210K | 3.309B | 6.37 | 0.87 | 240.00 | Financials |
| IVO INVIGORGRP FPO | 0.01 | 0.00% | 0.00 | Buy | 10.833M | 8.757M | — | -0.01 | 144.00 | Technology |
| KNL KIBARAN FPO | 0.23 | 15.38% | 0.03 | Strong Buy | 1.101M | 48.583M | — | -0.02 | 0.00 | Basic Materials |
| LGD LEGENDCORP FPO | 0.35 | 1.45% | 0.01 | Buy | 145.692K | 75.853M | 12.50 | 0.03 | 119.00 | Technology |
| MCX MARINERCOR FPO | 0.04 | 18.18% | 0.01 | Buy | 50 | 535.785K | — | -0.00 | 2.00 | Financials |
| MEL METGASCO FPO | 0.07 | 7.14% | 0.01 | Strong Buy | 481.823K | 25.144M | 24.90 | 0.00 | 3000.00 | Energy |
| MYE MASTERMYNE FPO | 1.57 | 4.67% | 0.07 | Strong Buy | 348.880K | 150.620M | 28.34 | 0.05 | 1127.00 | Energy |
| NZC NZURICOPP FPO | 0.33 | 4.76% | 0.01 | Strong Buy | 307.902K | 77.033M | — | -0.01 | 3.00 | Basic Materials |
| OCA OCEA HEALT FPO NZX | 1.12 | 2.75% | 0.03 | Strong Buy | 860 | 665.829M | 9.36 | 0.12 | 2739.00 | Healthcare |
| PME PROMEDICUS FPO | 11.80 | 1.03% | 0.12 | Strong Buy | 210.715K | 1.132B | 89.61 | 0.12 | 79.00 | Healthcare |
| PNI PINNACLE FPO | 7.80 | 3.45% | 0.26 | Buy | 381.643K | 1.311B | 57.69 | 0.14 | 118.00 | Financials |
| QMIX SPDR QMIX ETF UNITS | 19.78 | 0.25% | 0.05 | Buy | 2.000K | — | — | — | — | — |
| RND RAND MIN FPO | 4.50 | 11.66% | 0.47 | Buy | 30.198K | 228.564M | 11.86 | 0.32 | — | Basic Materials |
| SCO SCOTTISH FPO | 4.31 | 15.24% | 0.57 | Buy | 5.011M | 520.577M | 15.78 | 0.24 | 287.00 | Financials |
| SFI SPOOKFISH FPO | 0.09 | 0.00% | 0.00 | Buy | 479.322K | 108.760M | — | -0.01 | — | Technology |
| SFX SHEFF RES FPO | 1.17 | 4.46% | 0.05 | Strong Buy | 469.263K | 259.904M | — | -0.01 | 2.00 | Basic Materials |
| SPO SPOTLESS FPO | 1.27 | 0.79% | 0.01 | Buy | 2.258K | 1.383B | — | -0.00 | 36000.00 | Industrials |
| SRH SAFEROADS FPO | 0.27 | 12.50% | 0.03 | Buy | 126.130K | 8.736M | 12.31 | 0.02 | 45.00 | Industrials |
| SRX SIRTEX MED FPO | 33.55 | 0.09% | 0.03 | Buy | 619.777K | 1.871B | 45.87 | 0.74 | 292.00 | Healthcare |
| TBR TRIBUNE FPO | 10.00 | -4.76% | -0.50 | Buy | 25.931K | 525.032M | 14.08 | 0.75 | 0.00 | Basic Materials |
| UNV UNIV COAL CDI 1:1 | 0.32 | 0.00% | 0.00 | Strong Buy | 108.530K | 167.191M | 6.97 | 0.05 | 33.00 | Energy |
| VLS VLSCIENCE FPO | 1.00 | -4.76% | -0.05 | Buy | 9.406K | 57.584M | 17.03 | 0.06 | 124.00 | Consumer Cyclicals |
| VLT VAULT FPO | 0.04 | -2.38% | -0.00 | Buy | 6.209M | 32.762M | — | -0.00 | — | Healthcare |
| VRL VILLAGE FPO | 2.45 | 2.08% | 0.05 | Buy | 416.587K | 457.735M | 7212.12 | 0.00 | 1355.00 | Consumer Cyclicals |
| VRX VENTNORRES FPO | 0.09 | -1.05% | -0.00 | Buy | 1.288M | 27.558M | — | -0.01 | — | Basic Materials |
| ZNT ZENITAS FPO | 1.40 | 0.00% | 0.00 | Buy | 231.933K | 104.027M | 23.24 | 0.06 | 6.00 | Healthcare |