Printer Friendly
The Free Dictionary
1,037,781,137 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

congestion area

    0.03 sec.
congestion area
In technical analysis, a horizontal band on a point-and-figure chart resulting from a stock price fluctuation within a narrow price range. Because a congestion area indicates an equality of supply and demand, technicians wait until the stock breaks through the upper or lower bound before committing funds. See also horizontal count.
click for a larger image
congestion area
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
``Although progress is being made in expanding California's energy infrastructure, Southern California's economic and strategic significance to the nation is so large that the department finds it to be a critical congestion area,'' wrote authors of the National Electric Transmission Congestion Study.
FEDS NOTE POWER-GRID STRAINS IN CALIFORNIA, NORTHEAST U.S by Daily News (Los Angeles, CA)
From a technical point of view, CCBL is breaking out of a two and a half year congestion area, and quite convincingly.
Zacks Buy List Highlights: SINA Corporation, Cohen & Steers, Inc., ... by Business Wire
ZONA began a new uptrend when, on Feb 1, 2006, it broke out of an 18-month old sideways congestion area that ran from approximately $6 per share on the upside to $3 per share on the downside.
Zacks Buy List Highlights: STATS ChipPAC, Ltd., Franklin Electric ... by Business Wire
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.. Terms of Use.