Business / Taxes / Overbought: When a stock or entire securities market rises so steeply in price that technical analysts think that buyers are unlikely to push the price up further, analysits consider it overbought. For these analysts, an overbought market is a warning sign that a correction — or rapid price drop — is likely to occur.
Business / Finance / Overbought-Oversold Indicator: An indicator that attempts to define when prices have moved too far and too fast in either direction and thus are vulnerable to reaction. MORE
Business / Accounting / Stock: This can refer to the shares of a limited company (see Shares ) or goods manufactured or bought for re-sale by a business. MORE