Hammer

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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 periodicals archive ?
Browning-designed hammerless shotgun, and it features bottom feeding and ejection along with modern enhancements.
Caption: Columbia Steel Product Engineer Charlie Dreixler (above) says the key to the chain repair link's success is the EZ RigLok hammerless, mechanical pin-locking system.
In 1952, Smith & Wesson's centennial year, it introduced a revolver that incorporated the best features of the original Safety Hammerless Model into the new J-frame envelope.
Hammerless revolvers with laser sights are some of the most frequently purchased firearms at Dury's.
The B Series machine also features Cat C95 GET with hammerless design for simplified removal and installation of bucket teeth.
When Savage Arms introduced their 1895 model, it boasted a unique hammerless design, which reduced lock-time and marginally enhanced accuracy.
The Model 63 has a three-inch barrel and fiber optic sights, and the DAO Model 43 C is a hammerless, snubnose variant.
The McKenna Hammerless Drain Vale from Alcoa World Alumina Australia has received the Highly Commended Award from Western Australia's Chamber of Minerals & Energy (CME) Occupational Safety and Health Innovations Awards.
Out of this developed our modern hammerless ejector shotgun and the cartridge that goes with it.
Integral hammerless locking devices on points, adapters and shrouds and improved ergonomics also make the system safer for customers.
There was a feeling exposed-hammer shotguns were "safer" than the newer hammerless models--you could tell if they were cocked or not.
22 rimfire slide-action, solid-breech, hammerless, takedown, side-ejection rifle.