adjective
- having risen in price beyond what is justified by fundamental value, typically due to excessive buying
Usage: finance; economics
Examples
- The stock market appears overbought after weeks of gains.
- Analysts warned that tech stocks were overbought and due for a correction.
- The currency became overbought following the positive economic news.
- Many investors believe Bitcoin is overbought at current levels.
- The overbought conditions suggest a pullback may be coming.
- Technical indicators showed the market was severely overbought.