Oversold definitions

ō'vər-sōld'
Characterized by prices regarded as excessively low because of prior heavy selling and a concomitant decline in prices.

An oversold stock market.

adjective
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A market state that is determined by using technical analysis; an oversold condition exists when prices have declined too steeply and quickly compared to fundamental conditions. The next direction will be upward because everyone who wanted to sell already has done so.
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(finance) A stock or commodity market condition where there has been significant trading driving prices down to lower levels, levels which seem overextended or excessive on a short-term basis.
adjective
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Origin of oversold

over- +"Ž sold