Investor Glossary-spinning topInvestor Glossary-spinning topInvestor Glossary-spinning topInvestor Glossary-spinning topInsightful 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

Spinning Top

The HTML to link to this page
 

A spinning top is a type of candlestick on a candlestick chart that signals indecision about the direction of a security. A short candle body, either white or black, and upper and lower shadows that are longer than the body characterize a spinning top. The long shadows of a spinning top reveal that the price of a security traded within a wide range, but neither buyers nor sellers were able to sustain a price direction. In general, traders tend to view the spinning top within its relationship to the overall trend. For instance, a white spinning top or black spinning top that appears after a long uptrend suggests buying pressure is weakening and a reversal to the downside may soon occur. Similarly, a white spinning top or black spinning top that appears after a long downtrend suggests selling pressure is weakening and a reversal to the upside may soon occur. However, most traders do not consider the spinning top to be a highly reliable signal.



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


Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # 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 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
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use