Definition of overbought in English:
past and past participle of overbuy.
adjectiveBack to top
Stock Exchange Overvalued owing to excessive buying at unjustifiably high prices.
- 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:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan