Overbought vs RSI (Relative Strength Index)

A market condition where an asset's price has risen sharply and quickly to a level that momentum indicators suggest buying pressure may be exhausting, increasing the probability of a pullback or consolidation.

The Relative Strength Index is a momentum oscillator that quantifies recent price change velocity on a 0–100 scale to evaluate whether an asset is overbought, oversold, or trending with conviction. Also known as: RSI.