Investor Glossary-descending topsInvestor Glossary-descending topsInvestor Glossary-descending topsInvestor Glossary-descending topsInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Descending Tops

The HTML to link to this page
 

Descending tops are a series of trades with each high lower than the one preceding it. Descending tops are most clearly seen on a chart which records an equity's trading range. Descending tops can be charted for virtually any time frame, from minute-to-minute charts to daily charts and all the way through yearly charts -- or even beyond. While not universally accepted, many traders -- especially technical traders -- consider a series of descending tops a bearish indicator. Descending tops can be used as an indicator for stocks, bonds, commodities and indexes. Descending tops in an index can indicate a broader market downtrend. The opposite of descending tops is ascending tops, considered by many technical traders to be a bullish signal.



Rate this descending tops definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: reverse mortgage, diluted share, stock market close, VIX, option premium, 401a, per diem, labor relations, deferred tax, inflation, current ratio, EBITDA, limit order, APR, retained earnings, balance sheet, wholly-owned subsidiary, phantom income, 1031 exchange, average price per share, class C shares, LIBOR, deferred revenue, in escrow, command economy, quality assurance, real GDP, covered put, Zero Cost Collar, minority interest, open position, Key Rate Duration, margin rate, ex-dividend, cancelled check, FICO score, stock split, liquidity ratio, 1035 exchange, dividends payable, 144a, annual return, FTSE, debt service coverage, implied volatility, risk management, irrevocable trust, required rate of return, ex-dividend date


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use