Home >  Term: overbought
overbought

A concept from technical security analysis that advises that a downward price reaction should be expected following a strong uptrend. Market participants try to gauge how "overbought" a market is using technical indicators. A classical example of such an indicator is RSI.

0 0

Creator

  • SophieB
  •  (Gold) 1525 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.