OVERSOLD

Etymology

Adjective

oversold (not comparable)

(finance) In a stock or commodity market condition where there has been significant trading driving prices down to lower 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 oversold conditions.

Antonyms

• overbought

Source: Wiktionary

OVERSELL

O`ver*sell`, v. t. [imp. & p. p. Oversold; p. pr. & vb. n. Overselling. ]

1. To sell for a higher price than; to exceed in selling price. One whose beauty Would oversell all Italy. Beau. & Fl.

2. To sell beyond means of delivery. [Brokers'Cant] Oversold market (Brokers' Cant), a market in which stocks or commodities have been sold "short" to such an extent that it is difficult to obtain them for delivery.

Source: Webster’s Unabridged Dictionary 1913 Edition

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