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


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
©2004-2015 Investor Glossary - All rights reserved - Terms of Use