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Overvalued stocks — Icelandic Stock Market

Stocks that have significantly increased in price due to 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.

           
EIK EIK FASTEIGNAFA©LAG HF
11.352.71%0.30Strong Buy7.412M37.736B19.200.5834.00Finance
ISB ASLANDSBANKI HF.
114.003.64%4.00Strong Buy1.954MFinance
KALD KALDALA³N HF.
1.853.93%0.07Strong Buy5.675M8.366BFinance
SIMINN SA­MINN HF.
11.931.10%0.13Strong Buy55.271M88.608B30.750.38Communications
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