Stocks that have significantly increased in value due to a large volume of demand are called overbought. This is often the case when there are many more buyers than sellers, whose actions to gain exposure to the asset — come what may — push the price up so high that it can no longer be justified by the company's underlying financials. Another common scenario that causes stocks to become overbought is when a business buys back its own stocks. Just be careful when buying overvalued stocks, as there could be a retracement.
Symbol | RSI (14) | Price | Change % | Volume | Rel Volume | Market cap | P/E | EPS dil TTM | EPS dil growth TTM YoY | Div yield % TTM | Sector | Analyst Rating |
---|---|---|---|---|---|---|---|---|---|---|---|---|
81.93 | 4.185 EUR | +3.72% | 1.868M | 1.00 | 1.213B EUR | 21.38 | 0.20 EUR | — | 2.48% | Industrial Services | Buy | |
75.31 | 7.480 EUR | +0.88% | 561.137K | 0.86 | 1.032B EUR | — | — | — | 0.00% | Utilities | Strong buy |