Definitions
American Heritage® Dictionary of the English Language, Fourth Edition
- v. Past tense and past participle of overbuy.
- adj. Characterized by excessively high prices owing to prior heavy buying and a concomitant rise in prices: an overbought stock market.
Wiktionary
- adj. finance A stock or commodity market condition where there has been significant trading bidding up prices to higher levels, levels which seem overextended or excessive on a short-term basis.
Examples
“ The recent pullback was constructive, in our view, because it relieved widespread short-term overbought conditions, " said Katie Stockton , chief market technician at MKM Partners.”
“ We view the pullback as healthy because it relieved widespread short-term overbought conditions without a loss of positive intermediate-term momentum, " said Katie Stockton , chief market technician at MKM Partners.”
The Wall Street Journal: Dollar Strength Crimping Stock Gains
“We could see a pullback this week as the recent rally did bring short-term overbought conditions, but I don't think a pullback will retrace the entire rebound," Ms. Stockton said.”
“Wrapping it up, expect the market to move higher, but not without some struggle as short-term overbought conditions will likely add some drag to the day-to-day activity.”
“Against this backdrop, each benchmark is near-term overbought - the S&P has risen 4.7% across just three weeks - and a consolidation phase is overdue.”
“This was a testament to the positive momentum behind the uptrend, which allowed long-term overbought conditions to be sustained for more than three years," Stockton said.”
“Because of the steepness of the rally and the short-term overbought conditions, traders have to be aware of the possibility of a near-term correction especially since Friday's U.S. Non-Farm Payrolls report typically triggers a volatile two-sided reaction.”
Lists
These user-created lists contain the word ‘overbought’.
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It's Over: A Beginning
Terms that start with the string over-, beginning with overanxious.
Your entries are welcome.
overanxious, overachiever, oversimplified, overdone, overaccentuate, overact, overadjustment, overage, overaggressive, overalert, overalls, overambitious and 138 more...
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ECON - stock markets
after hours trading, arbitrage, ask, auction market, back testing, bear market, best ask, best bid, beta, bid, big board, block trade and 82 more...
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Adjectival Arcana
A roster of adjectives that infrequently surface in typical conversation and writing. Many are dredged from scientific or other technical jargon or sieved from examples of disused archaic forms.
unitegmic, acaulescent, reticuloendothelial, ingressive, uniate, acanthopterygian, ossific, epiphysial, perivisceral, acœlomatous, cestoid, acælomate and 7756 more...
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