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Definition of "overbought" []

  • Past tense and past participle of overbuy. (verb)
  • Characterized by excessively high prices owing to prior heavy buying and a concomitant rise in prices: an overbought stock market. (adjective)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Use "overbought" in a sentence
  • "My inbox is filled with folks focusing on the short term overbought reading rather than the head and shoulders bottom or the Russell ..."
  • "" The recent pullback was constructive, in our view, because it relieved widespread short-term overbought conditions, " said Katie Stockton , chief market technician at MKM Partners."
  • "" We view the pullback as healthy because it relieved widespread short-term overbought conditions without a loss of positive intermediate-term momentum, " said Katie Stockton , chief market technician at MKM Partners."