Top (technical analysis)

From Wikipedia, the free encyclopedia

This article or section does not cite its references or sources.
Please help improve this article by introducing appropriate citations. (help, get involved!) This article has been tagged since December 2006.

A top is an event in technical analysis, where a security's market price reach a high, then a higher high, and then a lower high.

The first high signifies the pressure from buying was greater than the pressure from selling. The second higher high suggests that buying still had more pressure than the selling. The third lower high suggests that selling pressure will not let prices rise as high as the previous high. This turning point from buying pressure to selling pressure is called a top.


 This article about stock exchanges is a stub. You can help Wikipedia by expanding it.
Retrieved from "http://en.wikipedia.org../../../t/o/p/Top_%28technical_analysis%29.html"