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 ?
seems to delete parts of the imagery, and titles like Intolerance and Gas Chamber hammer home the eeriness.
A corner was swept into the Talbot box and hero Currie was on hand to hammer home the precious winner.
Right now companies all over America have this duty to hammer home to their audiences - and even to their own dancers - that dance enjoys a past as well as a future.
He has to hammer home the importance of tax cuts, and convince people he really believes in them.
The roll-out of this new positioning will hammer home our direct business model's advantage of going direct to the growers for our products.
To hammer home the concept, the firm this week had a large thin rectangular box delivered to us.
CLASS nearly always comes to the fore in Category One competitions, and William Hill Oaks heroine Blonde Jeannie can hammer home the point in the Ladbrokes Arc, which reaches the second-round stage at Walthamstow tonight.
BEADS hitman Ryan Hebb made an early breakthrough as he lost his marker to hammer home a powerful header after just ten minutes.