How to Use overbought in a Sentence
overbought
adjective-
Here is a look at the most overbought names on the Street.
— Sean Conlon, CNBC, 10 Aug. 2024 -
Here are the most overbought names in the index: Starbucks is one of those names, having an RSI of about 72.6.
— Sean Conlon, CNBC, 16 Aug. 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 -
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 -
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 -
But analysts say that decision was likely less a vote of no-confidence in the iPhone maker than simply Berkshire and Buffett raising cash in what observers have concluded was an increasingly overbought market.
— Rob Wile, NBC News, 5 Aug. 2024 -
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
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'overbought.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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