Overbought

From MarketsWiki
Jump to navigation Jump to search


Nyse-n.gif


Market condition where an asset has risen sharply in price absent a change in the fundamentals of the asset.[1] For example: The price of a a grain contract moves up sharply without either an increase in demand, a supply interruption, or a production decrease. Traders would likely characterize the market as overbought.


References[edit]

  1. Overbought. Investopedia.