Ackman added on Wednesday that from a supply and demand perspective, long-term Treasuries seemed to be overbought, which could put additional downward pressure on the price of bonds.

Source: https://fortune.com/2023/08/03/bill-ackman-hedge-fund-perishing-square-investment-advice-30-year-treasury-bill-yield-bonds-markets-inflation/

Additionally, I called the buy-in level However, the stock is significantly overbought in the near term now.

Source: https://seekingalpha.com/article/4611989-are-you-ready-correction-is-coming?source=feed_all_articles

In early-October the Dollar Index () was very overbought and had just begun to ‘correct’.

Source: https://seekingalpha.com/article/4644765-what-do-the-markets-believe-about-the-war?source=feed_all_articles

In my opinion, the stock is overbought and due for a correction lower.

Source: https://seekingalpha.com/article/4637602-alpha-metallurgical-stock-overbought-economic-headwinds-present?source=feed_all_articles

Plus the market does seem to be overbought, and the market over time is an equal opportunity pain giver, to the bears AND to the bulls.

Source: https://seekingalpha.com/article/4621433-wall-street-week-consumers-hold-key?source=feed_all_articles

The 12x3x3 weekly slow stochastic reading is overbought at 81.15.

Source: https://www.forbes.com/sites/richardhenrysuttmeier/2023/05/19/book-profits-on-homebuilder-stocks-as-price-targets-have-been-achieved/

The most overbought stocks in the energy sector presents an opportunity to go short on these overvalued companies.

Source: https://www.benzinga.com/news/23/06/32688235/top-3-energy-stocks-that-may-plunge-in-q2

The most overbought stocks in the industrials sector presents an opportunity to go short on these overvalued companies.

Source: https://www.benzinga.com/news/23/03/31119097/top-5-industrials-stocks-that-may-crash-this-month

The most overbought stocks per their 14-day relative strengh index are Anghami (), and Bluegreen Vacations Hold ().

Source: https://seekingalpha.com/article/4654057-stocks-to-watch-spotlight-on-opec-meeting-amazon-aws-event-teslas-cybertruck-reveal-and-box-office-drama?source=feed_all_articles

The Nikkei's 14-day relative strength index (RSI) - a tool for measuring market momentum - was around 60 on Monday, below the 70 line that most analysts see as signalling overbought conditions.

Source: https://www.marketscreener.com/quote/index/NIKKEI-225-4987/news/Japan-s-Nikkei-reverses-early-losses-as-investors-hunt-bargains-44184134/?utm_medium=RSS&utm_content=20230625

"There is likely reluctance amongst participants to push too much higher right now with the market clearly in overbought territory," said ING Bank analysts in a client note.

Source: https://www.marketscreener.com/quote/commodity/BRENT-OIL-4948/news/Oil-set-for-2-weekly-gain-on-China-holiday-demand-tight-US-supply-44948019/?utm_medium=RSS&utm_content=20230928

The retailer manages to keep its prices low, up to 60% less than the recommended retail price, by buying current and past season stock from manufacturers that have produced too much and department stores that have overbought.

Source: https://www.theguardian.com/fashion/2023/jan/14/prince-harrys-baggy-shirts-and-jeans-circa-2013-all-make-sense-hes-a-tk-maxx-fan

The RSI is now 70 and signals an overbought situation.

Source: https://seekingalpha.com/article/4570209-alamos-gold-2022-gold-production-was-impressive?source=feed_all_articles

The weekly chart for KB Home is positive but overbought with the stock above its five-week modified moving average of $42.23.

Source: https://www.forbes.com/sites/richardhenrysuttmeier/2023/05/19/book-profits-on-homebuilder-stocks-as-price-targets-have-been-achieved/

This recent countertrend of the stock to gold's performance (gold is currently down ≈7.5% from its 3-year high of $2,085.40 on May 4, 2023) has caused shares of SGD:CA to become overbought, is just a whisper away.

Source: https://seekingalpha.com/article/4616370-snowline-gold-overbought-can-be-a-signal-to-take-profits?source=feed_all_articles

Traders look for indicators such as oversold or overbought conditions, trendline breaks, or chart patterns to identify potential reversal points.

Source: https://dodbuzz.com/crypto-bot-trading/

What I mean by "overbought" is that there were just too many traders piled into stocks.

Source: https://seekingalpha.com/article/4658968-more-americans-than-ever-own-stocks-now-at-58-percent-sell?source=feed_all_articles