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Definition of Overbought
1. Adjective. (finance) A stock or commodity market condition where there has been significant trading bidding up prices to higher levels, levels which seem overextended or excessive on a short-term basis. ¹
¹ Source: wiktionary.com
Definition of Overbought
1. overbuy [v] - See also: overbuy
Lexicographical Neighbors of Overbought
Literary usage of Overbought
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Investor's Catechism by Marcus Mathias Reynolds (1909)
"What is the meaning of overbought ? When more stocks are bought than can easily
... It is then said that the market is overbought and a reaction of prices ..."
2. The Stock Market by Solomon Stephen Huebner (1922)
""Oversold" or "overbought" condition of the market means that there has been,
... Should this oversold or overbought condition be discovered, the opposing ..."
3. Money and Investments; a Reference Book for the Use of Those Desiring by Montgomery Rollins (1907)
"overbought Market. When so many have been buying securities that the amount which
they have on hand is so great that it is not easy to sell, the demand for ..."
4. Speculation and the Chicago Board of Trade by James Ernest Boyle (1920)
"overbought: Oversold: Liquidated: "Technical position".—The market, in trade
language, is called overbought when the speculators have bought all they can or ..."
5. Putnam's Investment Handbook: A Stimulus and a Guide to Financial Independence by Albert William Atwood (1919)
"The "technical condition" of the market refers to the state of being "overbought"
or "oversold." By these terms it is meant that there has been, ..."