market top

(redirected from Market Tops)

Market top

(1) The point in time at which a security's price begins to trend downwards after trending upwards. (2) The price level at which a security's price begins to trend downwards after trending upwards.

Market Top

The highest price for a security or index over a given period of time. For example, if Stock A has been on a bullish trend for a long time and later begins to decline, the market top is the highest price during its bull market. See also: Fulcrum point, Market bottom.

market top

The high point of stock prices measured by one or more of the stock averages or indexes. Compare market bottom.
References in periodicals archive ?
Writing for investors interested in participating in long-term uptrends and avoiding downtrends, the authors provide techniques for identifying major market tops and bottoms in the equity market based on the Wyckoff and Lowry methods.
Wall Street itself is notorious for overhiring at market tops, and overfiring at market bottoms.
Obviously, if the market tops out in this range, the property/casualty insurance market faces little threat of demise at the hands of capital-market financing.
And Schaeffer says that such distribution inevitably occurs at significant market tops.
Various ratios, like the PE, book/price, Price/Sales, and dividend yields are still at levels previously associated with market tops, rather than bottoms.