The most 'overvalued' stocks in South Africa

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.

Ticker
RSI (14) 1D
Price
Change % 1D
Change 1D
Technical Rating 1D
Volume 1D
Volume * Price 1D
Market cap
P/E
(TTM)
EPS
(TTM)
Employees
Sector
OUTOUTSURANCE GROUP LIMITED77.753626ZAC0.75%27ZAC
Buy
4.126M14.962B55.024BZAR2.4814.63ZAR35KFinance
AILAFRICAN RAINBOW CAP INV74.95666ZAC0.76%5ZAC
Buy
317.305K211.325M41.793BZAR6.731.02ZARFinance
SLMSANLAM LIMITED74.845792ZAC2.84%160ZAC
Strong Buy
8.868M51.364B116.072BZAR10.325.56ZAR21.18KFinance
SBPSABVEST CAPITAL LIMITED74.319051ZAC3.44%301ZAC
Strong Buy
1.016K9.196M3.457BZAR4.6418.98ZARFinance
OCEOCEANA GROUP LTD74.177134ZAC3.72%256ZAC
Strong Buy
122.908K876.826M8.059BZAR11.496.02ZARConsumer Non-Durables
AVVALVIVA HOLDINGS LTD72.532764ZAC−0.14%−4ZAC
Buy
57.128K157.902M3.038BZAR6.14ZARDistribution Services
HDCHUDACO INDUSTRIES LTD71.4815501ZAC6.90%1001ZAC
Strong Buy
44.301K686.71M4.168BZAR8.3118.13ZAR3.768KDistribution Services
SNTSANTAM LIMITED71.2628426ZAC1.57%440ZAC
Strong Buy
32.235K916.312M30.871BZAR13.8120.52ZAR6.025KFinance
KSTPSG KONSULT LIMITED70.711281ZAC0.39%5ZAC
Strong Buy
954.91K1.223B16.383BZAR18.570.70ZAR2.917KFinance
BIDBID CORPORATION LTD70.3938202ZAC6.55%2350ZAC
Strong Buy
3.685M140.772B119.765BZAR25.0514.44ZAR24.978KConsumer Services