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
A technical opinion for which the market price has declined too steeply and too fast in relation to underlying fundamental factors Opposite of Overbought
A technical opinion that the market price has declined too steeply and too fast in relation to underlying fundamental factors Rank and file traders who were bearish and short have turned bullish
A single security or a market that technical analysts believe has declined to an unreasonable level and thus, should start to rise If all shareholders who want to sell the stock have already done so, there should only be buyers in the market, and thus, the price will rise
Stock or market that has experienced a sharp price decrease and is therefore due for an imminent price decline This concept is used by investors who follow Technical Analysis
Term used to describe a security that has declined appreciably & in which the probability of a corrective rally is high Many technical oscillators, such as RSI & Stochastics, are used to try to determine at what point an oversold condition exists The stronger the downtrend, however, the more likely an oscillator will give the technician a false signal