Oversold

Used in the context of general equities. Technically too low in price, and hence a technical correction is expected. Antithesis of overbought.

Oversold

In technical analysis, describing a security with too low a price. This means that the technical indicators on the security do not justify its current price. Technical analysts may recommend buying oversold securities, as they are due for a price correction. See also: Overbought.

oversold

Of, relating to, or being a stock market that has declined rapidly and steeply in the recent past and is likely to exhibit short-term price increases in the near future. Determining whether a market is oversold is difficult and is subject to individual interpretation.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

Oversold.

A stock, a market sector, or an entire market may be described as oversold if it suddenly drops sharply in price, despite the fact that the country's economic outlook remains positive.

For technical analysts, an oversold market is poised for a price rise, since there would be few sellers left to push the price down further.

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References in periodicals archive

If EUR/USD ignores oversold conditions, the next cushion below 1.0930 is 1.0900 -- a round number and also a resistance line in March 2017.

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Any adjustments in the oversold or overbought limit are prudential measures of the BSP to avoid "excessive exposure of banks" to FX-related risks particularly if this will hit its capital health.

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As seen in the DFMGI, bellweather Emaar Properties has also become the most oversold since the bottom of the bear market in January 2016.

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Natasha had spent more than PS200 on One Direction tickets, but said she was told by the ticket company four days before the event that it had "oversold".

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LONDON, Dhu-AlHijjah 09, 1435, October 03, 2014, SPA -- Britain's top share index rebounded from "oversold" levels on Friday after suffering its sharpest daily drop in months, led up by low cost airline easyJet which hiked its guidance, Reuters reported.

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It is thought that the price had fallen into 'oversold' territory based on the Relative Strength Index (RSI).

Caution as geopolitical uncertainty hit markets; FTSE 100

Their servers are not oversold as their web hosting packages are limited by space and bandwidth.

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Summary: LONDON - Euro zone blue chips turned positive by mid-session on Monday, bouncing back from oversold territory after a knee-jerk reaction to French and Greek elections results sent the market to 4-1/2 month lows in early trade.

European shares rebound from post-election lows

He said that many scrips were at oversold position due to consecutive bearish trend like National Bank of Pakistan (NBP).

ISE-10 witnesses bullish trend