Hammer

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Related to go under the hammer: come under the hammer, hammered out

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 ?
In the residential section of the sale, 87 properties will go under the hammer.
The stone is set to go under the hammer in Los Angeles next month (Feb11) at Nate D.
The first lot to go under the hammer will be 96, Sandhurst Street, in Aigburth, a mid-terrace vacant house which has a guide price of pounds 75,000.
The voting paper will go under the hammer at Ludlow Racecourse later this month and is expected to fetch at least pounds 500.
ITEMS for Mirfield Rotary Club's charity auction were given the professional once-over before they go under the hammer.
His creations will raise money for Macmillan Cancer Support when they go under the hammer at The Horse and Groom pub in Penydarren.
The unique event saw cherished items owned by the Queen's late sister go under the hammer, including her wedding tiara which sold for pounds 926,400 last night.
GROUP 1 winners Airwave, Latice and Frizzante are among the top-class fillies and mares due to go under the hammer at Tattersalls sales in Newmarket.
And tomorrow the trainers will go under the hammer on the Reebok website www.
Sotheby's had estimated that the manuscript - containing the composer's handwritten revisions and described as one of the most important musical works to go under the hammer - would go for between pounds 2m and pounds 3m.
Now the full set is to go under the hammer at The Ultimate Auction in Los Angeles next month.
First-time buyers, families, investors and business people were at the event to see 20 properties go under the hammer in Carryduff.