Sentence examples for major oversold condition from inspiring English sources

This indicator, which measures the volume in declining issues vs. the volume in advancing stocks, reflected a major oversold condition, a potentially bullish technical sign.

"The broad stock market virtually collapsed this week, but in doing so created a major oversold condition (in some sense, an historic oversold condition).

But keep in mind that as stocks work their way higher, the technical backdrop could weaken as stocks are no longer in an oversold condition, major resistance areas come into play and investors become less forgiving to disappointing news.

"The oversold condition was caused by the accounting scandals and the questionable ethics of some board directors or C.E.O.'s, but it has already been priced in.

"It's really a market that seems to be bouncing from an oversold condition," said AlanAckerman, market strategist for the brokerage firm Fahnestock & Company.

"Given the extreme oversold condition of equity markets, a rebound is due even if it provides little more than momentary relief from the panic selling," said Mike Lenhoff, strategist at stockbroker Brewin Dolphin.

It was just responding to an oversold condition," Dwyer says.

Sometimes, the severity of the overbought or oversold condition provides a clue about staying power.

"I think we'll get a bounce off of this oversold condition.

The break of the lower Bollinger band signaled an oversold condition.

When it gets close to or below 30 it is in an oversold condition.