How to Use overbought in a Sentence

overbought

adjective

• The bank has predicted a decline in the value of the world’s largest cryptocurrency due to overbought market conditions.
  — Vinamrata Chaturvedi, Quartz, 18 Apr. 2024
• Video provided by Reuters Newslook Bears argue: 1) The market is overbought on a short-term basis.
  — Bob Pisani, USA TODAY, 20 Dec. 2017
• As the tech-heavy gauge hit new records this month, the advance is concentrated in big names -- fewer than 20 percent of its members are overbought and at one-year highs.
  — Luke Kawa, Bloomberg.com, 5 June 2018
• The market is verging on such overbought levels that not even reliably bullish analysts can keep up with the new highs.
  — Bloomberg.com, 9 Jan. 2018
• The Hong Kong shares have been either oversold or overbought -- and often both -- every year since its 2002 initial public offering in the city.
  — Bloomberg.com, 2 May 2018
• Despite hovering above overbought levels for the past two weeks, the stock closed at its fourth consecutive record on Monday.
  — Sofia Horta E Costa, Bloomberg.com, 22 May 2017
• Recent corrections in Brent have shown prices hit a speed bump only when the reading on its Relative Strength Index climbs to 75, well past the usual overbought signal of 70.
  — Serene Cheong, Houston Chronicle, 19 Apr. 2018
• Three of the quartet ended Monday in overbought territory, as judged by the 14-day Relative Strength Index.
  — Luke Kawa, Bloomberg.com, 5 June 2018
• RSI compares the magnitude of recent gains to recent losses in an attempt to determine if a security is oversold or overbought.
  — Joanna Glasner, WIRED, 6 Dec. 2005
• The shares were trading higher 0.4% on Tuesday, still remaining in overbought territory.
  — Jeran Wittenstein, Fortune, 16 May 2023
• The Nasdaq 100 is flashing a technical warning sign, with its relative strength index nearing the overbought level — indicating a risk of correction in the near future.
  — Jeran Wittenstein, Fortune, 17 Nov. 2023
• The short-term hourly relative strength index has continued to indicate bearish momentum readings after a bearish divergence at the overbought territory on Nov. 22, the analyst says.
  — WSJ, 24 Nov. 2023
• Given such strong relative performance, sectors within the municipal bond market could be considered overbought for some investors, so proceed with caution.
  — Chris Gunster, Forbes, 27 Mar. 2024
• This is indicated by the sharp pullback in overbought conditions and swiftly deteriorating upward momentum, the strategist says.
  — WSJ, 3 Nov. 2023

Last Updated: 20 Oct 2024