Overbought

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A market is said to be overbought when prices rise more than they should according to fundamental factors and according to technical analysis. The market may then be liable to a downward correction. In technical analysis, a security is said to be overbought when its relative strength index registers more than 70 per cent. The opposite of oversold.

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-	A market is said to be overbought when prices rise more than they should according to fundamental factors and according to [[Technical Analysis\|technical analysis]]. The market may then be liable to a downward [[Correction\|correction]]. In technical analysis a [[Security\|security]] is said to be overbought when its [[Relative Strength Index\|relative strength index]] registers more than 70 per cent. The opposite of [[Oversold\|oversold]].	+	A market is said to be overbought when prices rise more than they should according to fundamental factors and according to [[Technical Analysis\|technical analysis]]. The market may then be liable to a downward [[Correction\|correction]]. In technical analysis, a [[Security\|security]] is said to be overbought when its [[Relative Strength Index\|relative strength index]] registers more than 70 per cent. The opposite of [[Oversold\|oversold]].