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.
|CORLINI1 CORPORACION LINDLEY SA||4.34||0.00%||0.00||Buy||76.305K||312.521M||21.68||0.20||2509.00||Consumer Non-Cyclicals|
|ENGEPEC1 ENEL GENERACION PERU SAA||2.10||3.45%||0.07||Buy||442.711K||6.079B||13.62||0.15||167.00||Utilities|
|FICOIF7 CORIL INSTRUMENTOS DE CORTO PLAZO 7||236.61||0.08%||0.19||Buy||8||—||—||—||—||—|
|GRAMONC1 GRANA Y MONTERO SA||2.60||3.17%||0.08||Strong Buy||402.816K||1.664B||—||-0.34||33169.00||Industrials|
|PODERC1 COMPANIA MINERA PODEROSA SA||8.33||-0.04%||-0.00||Buy||3.010K||1.800B||8.29||1.00||713.00||Basic Materials|
|V VISA INC||137.05||4.54%||5.95||Buy||145||1027.574B||40.44||11.39||15000.00||Technology|