Overbought

RECENT NEWS
Forbes  May 1  Comment 
This regular scan suggests that lightening up on Coca-Cola (KO) is wise with the stock near technically overbought levels, but also uncovers two promising buys on future pullbacks.
Forbes  Apr 24  Comment 
Three of the most technically overbought Nasdaq 100 stocks are health care leaders entering their strong seasonal periods, and monthly chart analysis can be used to find favorable price levels for new buying.
Forbes  Apr 16  Comment 
The market?s correction and these stocks? close proximity to technically overbought levels could cause them to fall 5% in short order, thus presenting favorable new entry points.
Forbes  Apr 2  Comment 
Despite large first-quarter gains, two big Dow stocks show strong monthly chart formations and are worthy of new buying.
Forbes  Mar 27  Comment 
Close proximity to technically overbought levels makes these strong Nasdaq 100 performers high-risk buys at current levels, but potentially appealing on an upcoming correction.
Forbes  Mar 2  Comment 
Even after moving sharply higher in February, these four leading Dow stocks still have significant upside, but are close enough to monthly support to limit the risk on new positions.
FX Street  Mar 2  Comment 
FXstreet.com (Barcelona) - Charmer Charts analysts see an overbought market on the weekly charts... For more information, read our latest forex news and reports.
Forbes  Feb 29  Comment 
From Costco Wholesale Corp. (NASDAQ: COST) to SodaStream International (NASDAQ: SODA), many of the companies reporting quarterly earnings on Wednesday are seeing their stocks rally into overbought territory ahead of their announcements. Will...
Forbes  Feb 27  Comment 
Technical signals in some of the S&P?s strongest stocks indicate now is a high-risk time to buy but also validate the market-leading potential in these shares.
Gold Stocks Today  Feb 25  Comment 
Not that the market did very much this week. It did very little. However, it did hold well considering how long the daily RSI's on many of the major index charts have been overbought. 70 RSI's have been normal behavior for several weeks. They went...




RELATED WIKI ARTICLES

Related Articles

 

In Technical Analysis, overbought describes a situation in which the price of a security has risen to such a degree, usually because of unusually high volume, that an oscillator has reached its upper bound. This is most often interpreted as a sign that the price of the asset is becoming overvalued and may experience a pullback soon.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki