oversold

American  

[oh-ver-sohld] / ˌoʊ vərˈsoʊld /

verb

1. simple past tense and past participle of oversell.

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adjective

1. marked by prices considered unjustifiably low because of heavy and extensive selling.

   The stock market is oversold.

Etymology

Origin of oversold

First recorded in 1875–80; over- + sold

Compare meaning

How does oversold compare to similar and commonly confused words? Explore the most common comparisons:

• overbought vs. oversold

Example Sentences

But there’s also a technical school of thought, backed by historical data, that being oversold is more of an ability than a condition — basically, that the ability to become oversold is a sign of underlying weakness.

From MarketWatch

Many chart watchers view any RSI reading below 30 as indicating an “oversold” condition, which suggests a bounce could be coming as bears take a break from selling to catch their breath.

From MarketWatch

Back in 2015, while the stock bottomed on Aug. 25 of that year, the RSI had dipped into oversold territory for the first time in 18 months in the previous January.

From MarketWatch

And in 2022, which was the last time Microsoft’s stock suffered a yearly decline, the RSI first fell below 30 in late January, and the last time it was oversold was in late September.

From MarketWatch

But he has observed oversold conditions in the market, pointing to 81% of S&P 500 stocks falling below their 50-day moving averages and the technology sector’s price-to-earnings ratio dropping to 21.1, compared with 32 times in October.

From Barron's