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 ?
Prior to them coming under the hammer they will be judged by Scottish Charolais enthusiast Iain Millar who will be making his debut in the Welsh ring.
The wedding presents are included in over 800 items of his mother's jewellery, furniture and art coming under the hammer at auction house Christie's next month.
CELTIC fans will take part in a bidding frenzy to get their hands on historic club medals which are coming under the hammer soon.
It will be staged at the Blackbushe auction centre, Surrey, on December 1, when a brace of vintage Rolls-Royces, an Austin Seven van and a Jaguar XK150 Coupe will be among those coming under the hammer.
The small "section boxes" at Wakefield Road, Moldgreen; Bradford Road, Fartown; and Armitage Road, Milnsbridge are among the lots coming under the hammer with property agent Pugh & Co on Thursday, December 7, at Elland Road Stadium in Leeds.
Now one of the most iconic of the time is coming under the hammer next month.
Greenhill Farm in Hallow, Worcestershire, an imposing three storey house with outbuildings and land, will be coming under the hammer at auction next Tuesday.
Also coming under the hammer is a three-bedroom house in Quinton.
This reader suggests that the moaners are at it again concerning free bus passes coming under the hammer.
Coming under the hammer at the Historics at Brooklands auction on Wednesday, June 2 will be a 1964 MGB roadster, which is expected to fetch more than 100 times its original showroom price of pounds 850 back in 1964.
LOVERS of classic cars and motorcycles should make their way to Leominster on March 12 where more than 100 weird and wonderful machines will be coming under the hammer.
A storm blew up because the Lambourn trainer insists there was a clash between the all-brown racing silks coming under the hammer as lot 15, and the all-chocolate ones registered since before the first world war, to the family of his stepfather, Edward de Plumpton Hunter.