“Overbought” and “oversold” describe short-term stock price extremes that suggest the stock's price has gone too far in a particular direction. Overbought implies prices may have gone up too much; oversold implies prices may have gone down too much.
Implication
When a stock is overbought, the implication is that buying has pushed the price too far up and a reaction, called a price pullback, is expected. When a stock is oversold, the implication is that selling has pushed the price too far down and a reaction, called a price bounce, is expected. Just because stocks have gone up or down too much does not mean that they still cannot go higher or lower.
Following are the stocks that overbought:
Overbought stocklist |
Following are the stocks that oversold:
Oversold Stocklist |
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