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


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