Overvalued stocks — Russian 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.

            
FXMM FINEX FUNDS PLC
1549.000.06%1.00Buy1556745.001.005K
FXRB FINEX FUNDS PLC
1636.000.06%1.00Buy286300.00175
KZOSP ORGANICHESKY SINTE
10.622.21%0.23Buy42480.004.000K171.014B9.1810.437607.00Basic Materials
POLY POLYMETAL INTL PLC
883.400.37%3.30Buy6488573.007.345K397.375B16.9949.7212140.00Basic Materials
URKA URALKALI
118.220.05%0.06Buy996594.608.430K408.469B-6.9720500.00Basic Materials
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