Overhang

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Overhang

Used in the context of general equities. Sizable block of securities or commodities contracts that, if released on the market, would put downward pressure on prices; prohibits buying activity that would otherwise translate into upward price movement. Examples include shares held in a dealer's inventory, a large institutional holding, a secondary distribution still in registration, and a large commodity position about to be liquidated.

Market Overhang

Shares in a security or commodity contracts that are likely to be sold in certain circumstances, creating downward pressure on the price. That is, the market overhang supply is a block that investors are holding but will likely attempt to sell. For example, if a security hits its resistance level, more investors are likely to sell their shares which increases the number of shares available on the market and, assuming demand does not increase, will lead to a decline in the price. Market overhang is also called the overhanging supply or simply the overhang.
References in periodicals archive ?
In for a trim QTHE parking space for my flat is overhung by foliage from the garden of the house next to it and I can hardly get into my car because of the low-hanging branches.
com)-- Gates Corporation, a global, diversified manufacturer of industrial and automotive products, offers a new white paper, “How Belt Drives Impact Overhung Load.
This feature allows users to transfer loads that need to be inset, overhung or flush with the edge of the "go to" pallet.
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GE Hydro will supply six overhung two-jet, 50-megawatt Pelton turbines and three 333 rpm, 109 MVA generators producing 327 megawatts of power.