What does overbought mean?
Definitions for overbought
over·bought
This dictionary definitions page includes all the possible meanings, example usage and translations of the word overbought.
Wiktionary
overboughtadjective
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.
Numerology
Chaldean Numerology
The numerical value of overbought in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of overbought in Pythagorean Numerology is: 7
Examples of overbought in a Sentence
We just came a little too far fast. It made sense to have little bit of a pullback here, given the level of optimism, the overbought condition, we wouldn't be surprised to see at least a couple of days of consolidation.
While we are bullish dollars and believe that further gains are likely, there's just under two months to the next monetary policy meeting and the dollar is overbought.
There's a camp that felt that Treasuries were overbought.
The North American markets look fatigued, and a brief pause may be in order, both the S&P 500 and the TSX have been approaching overbought conditions from a technical perspective, and we are trading at the higher end of historical valuation ranges.
The ECB's decision will likely set the direction for the Japanese market tomorrow and beyond, but it's also true that the market is seen overbought recently.
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Translations for overbought
From our Multilingual Translation Dictionary
- sobrecompraSpanish
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"overbought." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/overbought>.
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