Investor Glossary-gravestone dojiInvestor Glossary-gravestone dojiInvestor Glossary-gravestone dojiInvestor Glossary-gravestone dojiInsightful 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

Gravestone Doji

The HTML to link to this page
 

A gravestone doji is a variation on the doji candlestick with a long upper shadow and no lower shadow, such that it resembles an inverted "T." The trading pattern that creates a gravestone doji proceeds with the price of a security opening at the low of the day, rising to a high, and then selling off back to the low. Depending on the trend that precedes it, a gravestone doji may signal a bullish reversal or a bearish reversal. Traders consider both the bullish and bearish gravestone doji a moderately reliable signal. A gravestone doji that occurs during an uptrend is bearish; the price advance to a daily high and sell-off back to the open suggests buying interest isn't strong enough to sustain upward momentum. A gravestone doji that occurs during a downtrend is bullish; the price advance and sell-off back to the open suggests selling pressure was strong enough to prevent the advance but not enough to continue the trend. Trading on subsequent days confirms the reversal signaled given by the gravestone doji.



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


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | 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