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.
| AAC AUST AG CO FPO | 1.39 | 4.12% | 0.06 | Strong Buy | 2.751M | 837.846M | — | -0.17 | 601.00 | Consumer Non-Cyclicals |
| AD8 AUDINATEGL FPO | 4.22 | 0.72% | 0.03 | Buy | 20.970K | — | — | — | — | — |
| AHQ ALLEGIANCE FPO | 0.07 | 10.94% | 0.01 | Strong Buy | 355.631K | 33.029M | — | -0.02 | — | Energy |
| ALI ARGO GLOBL FPO | 1.85 | 0.54% | 0.01 | Strong Buy | 108.381K | 263.192M | 13.84 | 0.13 | 0.00 | Financials |
| APT AFTERPAY T FPO | 10.98 | 1.20% | 0.13 | Buy | 2.074M | 2.391B | — | -0.05 | — | Industrials |
| ARX ARC EXPLRN FPO | 0.35 | 20.69% | 0.06 | Strong Buy | 3.200K | 8.838M | — | -0.10 | 6.00 | Basic Materials |
| ASN ANSON RES FPO | 0.15 | -9.09% | -0.01 | Buy | 20.562M | 62.387M | — | -0.01 | — | Basic Materials |
| BFG BELL FN GP FPO | 0.96 | 1.59% | 0.01 | Buy | 338.879K | 307.914M | 12.59 | 0.08 | 650.00 | Financials |
| BID BIDENERGY FPO | 0.08 | 8.00% | 0.01 | Buy | 3.390M | 48.866M | — | -0.01 | — | Technology |
| CAG CAPE RANGE FPO | 0.38 | 20.97% | 0.07 | Strong Buy | 232.786K | — | — | — | — | — |
| CPV CLEARVUE FPO | 0.38 | 24.59% | 0.07 | Buy | 1.346M | 21.277M | — | — | — | Basic Materials |
| CSL CSL FPO | 204.56 | 1.97% | 3.96 | Buy | 798.136K | 92.543B | 42.55 | 4.82 | 19000.00 | Healthcare |
| CVN CARNARVON FPO | 0.17 | 6.06% | 0.01 | Strong Buy | 6.447M | 207.084M | — | -0.00 | — | Energy |
| DMI DEMPSEYMIN FPO | 0.38 | 11.76% | 0.04 | Buy | 636.953K | 26.634M | — | -0.03 | — | Basic Materials |
| DSE DROPSUITE FPO | 0.14 | 17.39% | 0.02 | Buy | 4.138M | 30.652M | — | -0.01 | — | Technology |
| DTZ DOTZ NANO FPO | 0.12 | 9.52% | 0.01 | Buy | 418.141K | 10.223M | — | -0.05 | 350.00 | Technology |
| FNT FRONTIER FPO | 0.02 | 6.25% | 0.00 | Buy | 50.000K | 8.315M | — | -0.02 | 40.00 | Basic Materials |
| FTT FACTOR TH FPO | 0.06 | 3.45% | 0.00 | Buy | 736.850K | 50.060M | — | -0.01 | — | Healthcare |
| GCM GARDA CAP STAPLED | 1.25 | 3.31% | 0.04 | Buy | 110.000K | — | — | — | — | — |
| GMD GEN MINS FPO | 0.05 | -2.00% | -0.00 | Buy | 645.742K | 44.629M | — | -0.00 | — | Basic Materials |
| GZL GAZAL FPO | 3.05 | 0.00% | 0.00 | Buy | 10.634K | 135.314M | — | — | 701.00 | Consumer Cyclicals |
| HE8 HELIOS FPO | 0.08 | 0.00% | 0.00 | Strong Buy | 11.601M | 91.966M | — | -0.00 | — | Energy |
| INM IRN MTN CDI 1:1 | 49.44 | -0.66% | -0.33 | Buy | 23.746K | 14.146B | 57.72 | 0.86 | 24000.00 | Financials |
| IXJ ISGLHLTCA CDI 1:1 | 79.30 | 0.63% | 0.50 | Buy | 10.277K | — | — | — | — | — |
| JAL JAMESON FPO | 0.23 | 4.55% | 0.01 | Buy | 239.098K | 59.024M | — | -0.00 | 1.00 | Energy |
| JHL JAYEX FPO | 0.07 | 21.43% | 0.01 | Buy | 2.341M | 11.058M | — | -0.02 | — | Healthcare |
| KLA KIRKLAND CDI 1:1 | 28.21 | 0.36% | 0.10 | Strong Buy | 450 | 6.415B | 24.11 | 1.28 | 1690.00 | Basic Materials |
| KMD KATHMANDU FPO | 2.80 | 0.72% | 0.02 | Buy | 238.645K | 631.468M | 15.46 | 0.18 | — | Consumer Cyclicals |
| NEA NEARMAP FPO | 1.42 | -4.05% | -0.06 | Buy | 2.400M | 556.865M | — | -0.02 | 250.00 | Technology |
| OPG OPUS GRP FPO | 0.61 | 0.00% | 0.00 | Buy | 96.604K | 64.267M | 11.01 | 0.06 | 550.00 | Consumer Cyclicals |
| OVH ONEVUEHOLD FPO | 0.89 | 5.95% | 0.05 | Buy | 800.189K | 235.261M | 41.63 | 0.02 | — | Industrials |
| PGI PANTERRA G FPO | 0.05 | 8.00% | 0.00 | Buy | 73.525K | 6.957M | — | -0.10 | 183.00 | Basic Materials |
| PHK PHOSLOCK FPO | 0.42 | 6.33% | 0.03 | Buy | 779.635K | 202.362M | — | -0.00 | 6.00 | Industrials |
| PLS PILBARAMIN FPO | 1.07 | -3.17% | -0.04 | Buy | 10.852M | 1.867B | — | -0.01 | 1.00 | Basic Materials |
| PPK PPK GROUP FPO | 0.33 | 0.00% | 0.00 | Buy | 33.000K | 20.459M | 25.78 | 0.01 | 421.00 | Basic Materials |
| PPS PRAEMIUM FPO | 1.04 | 5.58% | 0.06 | Buy | 4.832M | 416.487M | 456.14 | 0.00 | — | Industrials |
| PXX POLARX FPO | 0.11 | 4.76% | 0.01 | Buy | 1.073M | 28.916M | — | -0.00 | — | Basic Materials |
| RDG RESDEV FPO | 0.02 | 4.55% | 0.00 | Strong Buy | 20.360K | 14.522M | — | -0.00 | 126.00 | Basic Materials |
| REY REY RES FPO | 0.32 | 3.23% | 0.01 | Buy | 50.000K | 67.970M | — | -0.00 | — | Energy |
| RGS REGENEUS FPO | 0.18 | 5.88% | 0.01 | Buy | 323.731K | 37.599M | — | -0.02 | — | Healthcare |
| RMD RESMED CDI 10:1 | 14.77 | 0.82% | 0.12 | Buy | 1.355M | 21.031B | 35.63 | 4.17 | 6080.00 | Healthcare |
| RWC RWC CORP FPO | 5.68 | 2.53% | 0.14 | Buy | 2.624M | 4.488B | 43.27 | 0.13 | 800.00 | Consumer Cyclicals |
| SHL SONIC HLTH FPO | 26.23 | -0.87% | -0.23 | Buy | 1.176M | 11.137B | 23.70 | 1.10 | 33000.00 | Healthcare |
| SIE SCIGEN CDI 1:1 | 0.07 | 0.00% | 0.00 | Buy | 459.878K | 3.500M | 15.55 | 0.00 | 41.00 | Healthcare |
| SNL SUPPLY NET FPO | 4.45 | 2.30% | 0.10 | Buy | 12.827K | 181.389M | 23.89 | 0.19 | 96.00 | Consumer Cyclicals |
| SRX SIRTEX MED FPO | 32.05 | 0.31% | 0.10 | Buy | 372.499K | 1.788B | — | -0.40 | 292.00 | Healthcare |
| SSL SIETEL FPO | 7.00 | 2.94% | 0.20 | Buy | 5.000K | 56.052M | 40.83 | 0.17 | 152.00 | Financials |
| TAH TABCORP FPO | 4.76 | 0.00% | 0.00 | Buy | 3.805M | 9.582B | — | -0.07 | 3000.00 | Consumer Cyclicals |
| TEG TRIANGLE FPO | 0.12 | 14.29% | 0.01 | Buy | 300.000K | 26.174M | — | -0.03 | 2.00 | Energy |
| TMT TECHMETALS FPO | 0.62 | 3.33% | 0.02 | Buy | 670.532K | — | — | — | — | — |
| VMIN VDMINVOL TMF UNITS | 52.10 | 0.58% | 0.30 | Buy | 1.450K | — | — | — | — | — |
| VPR VOLT POWER FPO | 0.00 | 33.33% | 0.00 | Buy | 2.702M | 32.978M | 9.52 | 0.00 | — | Utilities |
| WLE WAMLEADERS FPO | 1.19 | 0.85% | 0.01 | Buy | 531.292K | 833.296M | 13.27 | 0.09 | — | Financials |
| WRM WHITEROCK FPO | 0.01 | 20.00% | 0.00 | Buy | 13.474M | 15.081M | — | -0.01 | — | Basic Materials |
| ZEN ZENENERGY FPO | 1.06 | 9.79% | 0.10 | Strong Buy | 840.799K | 83.600M | 11.88 | 0.09 | — | Utilities |