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| - | '''Overbought''' is a condition of the [[market]]s in which it is deemed that prices have risen too far in too short a period of time. The implication is that price will have to [[retrace]] and/or [[consolidate]]. | + | {{Glossary|A condition of the [[market]]s in which it is deemed that prices have risen too far in too short a period of time.}} |
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| | + | The implication is that price will have to [[retrace]] and/or [[consolidate]]. |
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| | There are a number of [[technical indicator]]s designed to detect overbought and [[oversold]] conditions. | | There are a number of [[technical indicator]]s designed to detect overbought and [[oversold]] conditions. |
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| | [[Category:Technical Analysis]] | | [[Category:Technical Analysis]] |
Current revision
Definition:
A condition of the markets in which it is deemed that prices have risen too far in too short a period of time.
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The implication is that price will have to retrace and/or consolidate.
There are a number of technical indicators designed to detect overbought and oversold conditions.
