overbought
adjective
over·bought
| \ ˌō-vər-ˈbȯt
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Definition of overbought
: 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
These three sectors are starting to look overbought. — Jon Sindreu, WSJ, "Investors Are Too Thirsty for Utility Stocks," 28 June 2019 When the Nasdaq 100 Index reached all-time highs in January, the gains were fairly broad-based, with roughly 40 percent of its constituents in overbought territory and at 52-week highs. — Luke Kawa, Bloomberg.com, "This Latest Tech Stock Record Is All About the FANGs," 5 June 2018 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, "This Latest Tech Stock Record Is All About the FANGs," 5 June 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, "Shares in a Buffett-Backed Chinese Car Company Are Getting Crushed," 2 May 2018 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, "Bullish oil signs show Saudi Arabia's $80 goal within reach," 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, "This Latest Tech Stock Record Is All About the FANGs," 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, "Signs of Euphoria Are So High Investors Are ‘Having a Hard Time Imagining a Decline’," 9 Jan. 2018 With technical indicators signaling oil is overbought, hedge funds cut their bullish bets on Brent crude from a record-high, according to ICE Futures Europe data released on Friday. — Jessica Summers, Houston Chronicle, "Crude falls to lowest in a week," 19 Jan. 2018These example sentences are selected automatically from various online news sources to reflect current usage of the word 'overbought.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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