Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,900,108,322 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Penetration
(redirected from penetrate)

   Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia 0.02 sec.
Penetration
1. See: Market penetration.

2. In technical analysis, a situation where a security's price falls below its support level or rises above its resistance level. A security penetrating the support (or resistance) is likely to continue to fall (or rise) until another support (or resistance) is found. Penetrating the support is considered highly bearish while penetrating the resistance is highly bullish.

penetration
In charting, breaking through a trendline, resistance level, or support level. The direction of the penetration provides an indication of future price movement.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?   Financial browser?   Full browser?
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
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.