Hammer


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia.
Related to Hammer: Hammer Films

Hammer

In candlestick charts, the representation of a trading day where a security trades significantly below its opening price for most of the day, but closes either above or close to the opening price. It is called a hammer because the candlestick representing the trading day looks somewhat like a hammer. It is not necessarily a bullish indicator, but a hammer may mean that the market is nearing a bottom.
References in classic literature ?
At last, Uncle Podger would get the spot fixed again, and put the point of the nail on it with his left hand, and take the hammer in his right hand.
Aunt Maria would mildly observe that, next time Uncle Podger was going to hammer a nail into the wall, she hoped he'd let her know in time, so that she could make arrangements to go and spend a week with her mother while it was being done.
And then he would have another try, and, at the second blow, the nail would go clean through the plaster, and half the hammer after it, and Uncle Podger be precipitated against the wall with force nearly sufficient to flatten his nose.
Tiktok walked up to the very edge of the spot the hammer struck, and as it was raised for the next blow he calmly stepped forward and escaped its descent.
When it comes to being pounded upon the head by an iron hammer, and smashed into pancakes, we naturally object.
So, Ozma and Dorothy having already dismounted from their backs, the Lion and the Tiger leaped back again under the awful hammer and returned with two generals clinging to their necks.
Either the wooden horse was careless, or it failed to properly time the descent of the hammer, for the mighty weapon caught it squarely upon its head, and thumped it against the ground so powerfully that the private flew off its back high into the air, and landed upon one of the giant's cast-iron arms.
The Scarecrow dashed in to rescue his Sawhorse, and had his left foot smashed by the hammer before he could pull the creature out of danger.
Then he stood there quite still, and the hammer fell from his hand.
The solid inspector for the first time looked at the blacksmith with a lively eye; as did everybody else, except the short, strange priest, who was still looking down at the little hammer that had dealt the dreadful blow.
You seem very much interested in that hammer, Father Brown.
By George, that's true," he cried; "who would use a little hammer with ten larger hammers lying about?