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overbought

overbought

1 7.0
A stock or asset bought so much its price is likely higher than its real value
  • adjective
  • /ˌoʊvərˈbɔt/
  • Specialized
translation icon : sobrecomprado
  • 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.

Examples

  • 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.

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  • Apple is "overbought."

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  • 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.

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  • 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.

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  • As I said, gold is overbought and probably needs a rest or consolidation.

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  • Sources continue to highlight the overbought nature of pure dividend stocks.

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  • And then I'll show you which sectors are overbought and oversold.

  • Everyone and their grannies know that the market is overbought and due for a pullback.

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  • Many analysts believe that the stock market is currently overbought and will likely correct itself soon.

Synonyms

overpriced
vsoverbought
49 3.7

Too expensive for what you get

is about heavy buying causing the higher price rather than just high cost
overinflated
vsoverbought
1 4.8

Too full of air or seen as more important than it really is

focuses on market purchases that push price above true value

Antonyms

Worth less than its true market price, as with some stocks

How Overvalued

overheated
11 4.1
overpriced
49 3.7
overbought
  • Specialized
1 7.0

Surface Forms

overbought positive

Morphology

overbought = overbuy (semi-transparent) = over + buy

The immediate base 'overbuy' transparently combines 'over-' and 'buy', but the financial adjectival use of 'overbought' denotes a market price condition rather than simple excessive purchasing.

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'.