Overvalued stocks — South Africa 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.

           
ABSP ABSA BANK LTD PREF
77000.000.00%0.00Buy5.626K3.808B46.1416.6930627.00Financials
ANG ANGLOGOLD ASHANTI LTD
26724.001.88%492.00Buy3.077M110.820B60.764.4344249.00Basic Materials
CLR CLOVER INDUSTRIES LTD
2350.0011.90%250.00Strong Buy748.493K4.510B-0.208044.00Consumer Non-Cyclicals
GSH GRINDROD SHIPPING HLDG LTD
8637.003.44%287.00Buy4.079K1.743B-15.94759.00Industrials
HAR HARMONY GM CO LTD
3437.000.41%14.00Buy3.207M18.555B-11.7734031.00Basic Materials
PEM PEMBURY LIFESTYLE GRP LT
21.00110.00%11.00Buy3.150M85.320M-0.10Industrials
PFG PIONEER FOODS GROUP LTD
10250.0032.09%2490.00Strong Buy10.190M20.055B20.834.928531.00Consumer Non-Cyclicals
SAC SA CORP REAL ESTATE LTD
343.00-0.58%-2.00Buy2.002M8.680B10.240.340.00Financials
SGL SIBANYE GOLD LIMITED
1809.003.31%58.00Buy14.784M48.301B-1.1052631.00Basic Materials
WHL WOOLWORTHS HOLDINGS LTD
5358.000.43%23.00Buy5.519M55.938B16.123.3446099.00Consumer Cyclicals
ZED ZEDER INV LTD
489.0023.17%92.00Strong Buy8.244M8.322B93.860.05Financials
Load More
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out