overbought

adjective

over·​bought ˌō-vər-ˈbȯt How to pronounce overbought (audio)
: 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

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
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 Our exposure to Hong Kong growth stocks and Mainland China mega-cap stocks went to extremely overbought conditions following the meteoric rise following the PBOC and government announcements the week of September 23. Brendan Ahern, Forbes, 24 Oct. 2024 See all Example Sentences for overbought 

Word History

First Known Use

1925, in the meaning defined above

Time Traveler
The first known use of overbought was in 1925

Dictionary Entries Near overbought

Cite this Entry

“Overbought.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/overbought. Accessed 26 Nov. 2024.

Last Updated: - Updated example sentences
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