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.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
0
Creator
- SophieB
- 100% positive feedback