Definition of oversold in English:

oversold

Line breaks: over|sold
Pronunciation: /əʊvəˈsəʊld
 
/
past and past participle of oversell.

adjective

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Sold at a price below its true value: technology stocks remain oversold and are considered ripe for buying
More example sentences
  • Well, as I said, the dollar can stage a rebound since it is oversold.
  • In our last publicly posted research note we made the case for a sharp rally in crude oil off the $40 lows on the grounds that it was oversold relative to the price of gold and that traders were overly bearish.
  • When it is used as an oscillator, a positive value indicates an overbought market while a negative value indicates an oversold market.

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