overbought

About 0.04 uses per million words.

Meaning

1. adjective 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.

Similar words

oversold overbullish overleveraged overinventoried overvaluable overcapitalized overspeculative overinvested overbrimming overhigh

Often followed by

and or condition market territory zone position reading conditions