Referring to the RSI technical indicator, “overbought” is usually considered a reading above 70. It is the inverse of oversold which would be a reading less than 30. Both can be referred to equally as overdone.
Referring to the RSI technical indicator, “overbought” is usually considered a reading above 70. It is the inverse of oversold which would be a reading less than 30. Both can be referred to equally as overdone.