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Day-Trading |
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| Quotes: NYSE Comp.: 6,994.57 (-0.07%) | DJI: 10,467.16 (-0.29%) | S&P 500: 1,101.53 (-0.42%) | NASDAQ 100: 1,860.30 (-0.66%) | |||
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Technical Analysis - Financial Glossary
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Overbought | ||||||||||||||
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A market condition wherein a stock, group or market has recently extended or exceeded its normal range of movement on the upside. Often accompanied by increased volume and/or a string of unbroken up days. The condition implies a near term reversal is imminent. | ||||||||||||||
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