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) 1D | Price | Change % 1D | Volume 1D | Market cap | P/E | EPS diluted (TTM) | EPS diluted growth % (TTM YoY) | Dividend yield % (TTM) | Sector | Analyst Rating |
---|---|---|---|---|---|---|---|---|---|---|---|
80.29 | 0.242 EUR | 0.00% | 0 | — | — | — | — | — | Consumer Durables | — | |
75.94 | 9.25 EUR | 0.54% | 619 | 49.435M EUR | — | — | — | 2.76% | Finance | — |