overbought
English
[edit]Etymology
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Pronunciation
[edit]Adjective
[edit]overbought (not comparable)
- (finance) Of a stock or commodity market condition: where there has been significant trading bidding up prices to higher levels, levels which seem overextended or excessive on a short-term basis.
Usage notes
[edit]The term can be applied subjectively, or in technical analysis there are various different indicators which technical analysts may use for (more or less) objective identification of overbought conditions.