Overbought
A condition where prices have risen too far, too fast and may reverse.
Full Definition
Overbought refers to a condition where an asset has risen significantly and may be due for a pullback or reversal. Oscillators like RSI (above 70) and Stochastic (above 80) help identify overbought conditions. However, markets can remain overbought for extended periods during strong trends, so overbought alone is not a sell signal.