overbought
adjective
over·bought
ˌō-vər-ˈbȯt 
: not likely to show an immediate rise in price because of prior heavy buying and accompanying price rises
an overbought market
Examples of overbought in a Sentence
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Stocks with a 14-day RSI above 70 are considered overbought, which indicates shares might soon sell off.
—
Lisa Kailai Han, CNBC, 14 Dec. 2024
Remember, Hong Kong and the Mainland market are still working off their overbought technical situation after their massive rally.
—Brendan Ahern, Forbes, 6 Nov. 2024
United Airlines is another overbought stock, with a 14-day RSI of 78.7.
—Pia Singh, CNBC, 1 Nov. 2024
Interest in the stock has pushed it to overbought territory, based on its 14-day relative strength index.
—Sasha Rogelberg, Fortune Asia, 30 Oct. 2024
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Lisa Kailai Han, CNBC, 14 Dec. 2024
Remember, Hong Kong and the Mainland market are still working off their overbought technical situation after their massive rally.
—Brendan Ahern, Forbes, 6 Nov. 2024
United Airlines is another overbought stock, with a 14-day RSI of 78.7.
—Pia Singh, CNBC, 1 Nov. 2024
Interest in the stock has pushed it to overbought territory, based on its 14-day relative strength index.
—Sasha Rogelberg, Fortune Asia, 30 Oct. 2024
See all Example Sentences for overbought
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“Overbought.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/overbought. Accessed 30 Dec. 2024.
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