OVERBOUGHT

Etymology

Adjective

overbought (not comparable)

(finance) Of 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.

Usage notes

The term can be applied subjectively, or in technical analysis there are various different indicators which technical analysts may use for (more or less) objective identification of overbought conditions.

Antonyms

• oversold

Source: Wiktionary

OVERBUY

O`ver*buy", v. t.

1. To buy too much.

2. To buy at too dear a rate. Dryden.

Source: Webster’s Unabridged Dictionary 1913 Edition

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