overbought
- adjective
- /ˌoʊvərˈbɔt/
- Specialized
- Yet even iShares S&P Preferred (PFF) appears overbought with its RSI reading well above 70.
And then I'll show you which sectors are overbought and oversold.
- And then I'll show you which sectors are overbought and oversold.
Examples
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The Relative Strength Index on the weekly chart is approaching the overbought zone, signaling that this pair could see a downward correction in the coming days.
Blog text (9) -
Apple is "overbought."
Blog text (31) -
No, they are going to miss it because they will think that gold is too expensive or it's too overbought.
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Of course it is overbought.
Blog text (31) -
Even when it was realized that gold was overbought and the price came down later, it still never went back down into the double digits.
Blog text (9) -
As I said, gold is overbought and probably needs a rest or consolidation.
Blog text (32) -
Sources continue to highlight the overbought nature of pure dividend stocks.
Blog text (14) -
And then I'll show you which sectors are overbought and oversold.
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Everyone and their grannies know that the market is overbought and due for a pullback.
Blog text (3) -
Many analysts believe that the stock market is currently overbought and will likely correct itself soon.
Synonyms
Too expensive for what you get
Too full of air or seen as more important than it really is
Antonyms
How Overvalued
Surface Forms
Morphology
Etymology
Overbought comes from the parts over- and bought, where over- means 'too much' and bought is the past of 'to buy'. In finance it describes a stock or asset that has been bought so much its price is likely 'higher than true value', so the word shows it was bought 'too much'.