| The odds of that happening are good especially since the stock is so overbought. |
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| The bond markets are oversold and equities are still overbought, despite the consolidation we've had. |
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| What the brokers want is for shares to reflect their value, and if they become a little bit overbought, then that's no bad thing. |
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| When it is used as an oscillator, a positive value indicates an overbought market while a negative value indicates an oversold market. |
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| A large positive risk-reversal number implies an overbought situation, while a large negative risk-reversal number implies an oversold situation. |
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| Markets rarely become as oversold as they are overbought, even commodity markets. |
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| For relative strength, determining the true value of an oscillator depends on the understanding of overbought or oversold positions. |
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| In any extreme situation investors forget to be selective, and this is common to overbought and oversold markets. |
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| The index is already fragile with profit-taking, as several blue chips have already been overbought. |
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| When TRIN is overbought and NH-NL returns a bearish signal, the stock market top has likely been reached. |
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| The technical sell-off of that oversold market had started four or five months earlier, when the markets were clearly in an overbought condition. |
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| First off, the 20-day price channels on top of the price action allow you to follow the overbought and oversold positions of this chart. |
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| When the issue becomes overbought, the oscillator will reverse its direction. |
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| The display is formatted so it better shows the overbought and oversold situations of this issue. |
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| But a consultant may learn you've overbought certain categories of inventory that aren't moving well. |
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| In summary, the means by which traders can filter out most bad trades involves an intimate knowledge of overbought and oversold conditions. |
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| If you have overbought on lemons this Christmas, don't leave them to go mouldy in the fruit bowl. |
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| On the other hand, the MACD of the weekly chart shows the cross floating in the overbought territory. |
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| The RSI of the 4-hour chart shows that the pair is floating in the overbought territory. |
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| Retailers that don't recognize the shift in their business will find themselves overbought in December and underbought in January and February. |
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| Equity and housing markets look overbought and the current account has moved sharply into deficit. |
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| It was discovered that he had overbought merchandise for resale to the tune of several million Belgian francs. |
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| The RSI of the daily chart shows the pair floating in the overbought territory, indicating that a downward correction will happen anytime soon. |
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| The Stochastic Slow of the weekly chart shows the pair in the overbought territory, and that a bearish correction could happen anytime soon. |
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| Near-term canola seems to have entered at least temporarily overbought conditions, as does the soy complex south of the border. |
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| Yesterday's price spike may have left the commodity in overbought territory. |
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| The RSI of the weekly chart shows that the pair floats in the overbought territory, and that a bearish correction seems imminent. |
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| Supporting this is the RSI on the daily chart which is floating in the overbought territory. |
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| Wheat markets on this news have become spectacularly overbought and, at the very least, are overdue for some corrective action. |
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| The daily chart is showing significant signals of a commodity that is overbought on a technical basis. |
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| But technically, right now canola is looking a bit overbought and is possibly due for some downward corrective action. |
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| The supply line is the top line of the triangle and represents the overbought side of the market, when investors are going out taking profits with them. |
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| In the early stages of a new trend, these indicators can stay in the overbought part of the scale for a very long time, particularly at the start of a new bull market. |
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| The second condition we need is of course an overbought market. |
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| During a bear alert the market is overbought and due for a sell-off. |
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| The 4 hour chart's RSI is already floating in an overbought territory suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. |
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| Personally, I foresee a strong barley market for some time to come yet, though admittedly the recent run-up seems overbought and due at least for a temporary correction. |
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| The accumulated net overbought position by foreign investors, during the period year to Aug. |
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| However, the hourly chart's RSI is already floating in the overbought territory indicating that a bearish correction might take place in the nearest future. |
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| The RSI of the daily and 4-hour charts indicates that the pair floats in the overbought territory, leading to the conclusion that a downward correction is imminent. |
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| Of the 10 major stocks overbought by foreign investors yesterday, financial stocks accounted for five. |
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| It appears that the bullish trend may have run out of strength as the current price level pushed the pair into the overbought territory on the daily chart's RSI, indicating that a downward reversal may occur later today. |
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| The price of this pair appears to be floating in the overbought territory on the daily chart's RSI indicating a downward correction may be imminent. |
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| The violent rally of the past week has pushed wheat markets into overbought conditions, and corrections will be a fact of managing in these markets. |
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| In that sense, they may be useful contrarian indicators, particularly at the extremes, indicating when the markets are most overbought or oversold. |
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| The primary function for which the Stochastics is used is the identification of overbought and oversold areas. |
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| The Relative Strength Index on the 4-hour chart indicates that the pair is veering into overbought territory, meaning a bearish reversal could happen. |
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| The pair may be experiencing a downward correction today as the 4 hour, 8 hour and daily RSI are floating in the overbought territory while a bearish cross is evident on the hourly and daily charts' Slow Stochastic. |
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| The daily chart also shows the pair trading in the overbought zone on the Relative Strength Index, indicating the pair may be overpriced from the previous weeks rally. |
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| However, the 4-hour chart's RSI is floating in an overbought territory suggesting that the recent upward trend is losing momentum and a bearish correction may be impending. |
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| The hourly Slow Stochastic shows a fresh bearish cross while the 4 hour RSI is floating in the overbought territory indicating that a downward correction might take place in the near future. |
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| The pair maybe experiencing some bearishness today as the hourly and 8 hour RSI are floating in the overbought territory and the hourly and daily charts' Slow Stochastic is exhibiting a fresh bearish cross. |
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| The daily chart shows a bearish cross on the Slow Stochastic and the 4-hour chart has the pair trading in the overbought zone, signaling the pair could head lower. |
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| Traders said the sell-off was expected since the market was overbought. |
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