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Overbought oversold indicator |
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Overbought oversold indicatorAn indicator that attempts to define when indicator have moved too far and too fast in either direction and thus are vulnerable to indicator.Overbought oversold indicator Similar MatchesOverboughtOverboughtUsed in the context of general equities. Technically too high in price, and hence a technical correction is expected. See: Heavy. Antithesis of oversold. OverboughtOverboughtA term describing a market in which excessive buying has created an artificially high level. By implication, someone who thinks the market (or a particular company) has been overbought, also believes that it is due for a downward correction. |
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