Share this entry

Share this page

overbought

Syllabification: o·ver·bought
Pronunciation: /ˌōvərˈbôt
 
/

Definition of overbought in English:

past and past participle of overbuy.

adjective

Back to top  
Stock Market Overvalued owing to excessive buying at unjustifiably high prices: a healthy correction to an overbought market
More example sentences
  • Many traders use them primarily to determine overbought and oversold levels, selling when price touches the upper Bollinger band and buying when it hits the lower Bollinger band.
  • First off, the 20-day price channels on top of the price action allow you to follow the overbought and oversold positions of this chart.
  • In the early stages of a new trend, these indicators can stay in the overbought part of the scale for a very long time, particularly at the start of a new bull market.

Definition of overbought in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day peart
Pronunciation: pɪət
adjective
lively; cheerful