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 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
83.61 | 686 ZAC | +1.48% | 387.69K | 1.03 | 12.374B ZAR | 18.00 | 0.38 ZAR | — | 8.33% | Finance | — | |
82.38 | 819 ZAC | −0.24% | 1.208M | 0.36 | 6.274B ZAR | — | −1.23 ZAR | −136.87% | 8.52% | Commercial Services | Strong buy | |
NNRPNEPI ROCKCASTLE N.V. | 75.82 | 11751 ZAC | −0.05% | 917.509K | 0.65 | 77.687B ZAR | 7.41 | 15.86 ZAR | +252.94% | 8.02% | Finance | Buy |
75.68 | 31246 ZAC | +1.10% | 440.099K | 0.47 | 73.578B ZAR | 29.98 | 10.42 ZAR | +40.13% | 2.08% | Retail Trade | Neutral | |
73.73 | 19165 ZAC | +0.87% | 101.331K | 0.18 | 29.696B ZAR | 11.27 | 17.00 ZAR | +50.44% | 5.12% | Consumer Non-Durables | Buy |