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Hammer
(redirected from come under the hammer)

   Also found in: Dictionary/thesaurus, Medical, Idioms, Encyclopedia 0.01 sec.
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.


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Other lots scheduled to come under the hammer include a former lock keeper's house in Bradley.
A catalogue of more than 1,000 mares will come under the hammer over five days beginning on Monday, before 670 yearlings are of fered from Tuesday, June 10.
Another Titus son, this time the July 2005 born Edenhurst Aramis CH40 was among the last, but not least entries to come under the hammer sold when he made 7,500gns to SW Mather and Sons, Fern, Brechin, Angus.
 
 
 
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