Market Concepts

Overbought and Oversold

Extreme market states and searching for potential reversal points.

1 min readUpdated: 2026-03-26

The Market as a Pendulum

Price in any market is a balance between buying and selling. The terms Overbought and Oversold describe moments when the scales have tilted too far.

  • Overbought: The asset has been bought for a long time and strongly, the price has risen extremely quickly. Buyers are exhausted, a correction or drop is likely.
  • Oversold: Selling has lasted too long, the price has dropped to the bottom. Sellers are finished, a bounce or rise is likely.

How to find these levels?

Traders use oscillator indicators to search for overbought and oversold conditions:

IndicatorOverboughtOversold
RSIZone above 70–80Zone below 30–20
StochasticZone above 80Zone below 20
Bollinger BandsBreakout above the upper bandBreakout below the lower band
IMPORTANT: The market can remain overbought or oversold for a very long time. An asset being in these zones is not a direct signal to trade. Always look for additional confirmation!