Pullback


Also found in: Dictionary, Thesaurus, Wikipedia.

Pullback

The downward reversal of a prolonged upward price trend.

Pullback

In a price uptrend, a security's retreat from its previous high. A pullback may be a signal that the uptrend is ending and may be taken as a sign to sell. On the other hand, the pullback may be temporary and the uptrend could continue. In that case, it may be taken as a sign to buy. The meaning of a pullback depends on other technical indicators.
References in periodicals archive ?
Given last week's performance the odds for a pullback lower look to be increasing.
Given two morphisms f: A [right arrow] B and g: C [right arrow] B, consider any F-factorization of g = p[tau] and the pullback of f and p.
Pakistan has always stood for normal relations with India and the resolution of the Kashmir dispute as well as all other Pakistan-India differences on the basis of sovereign equality, justice, international norms and purposeful dialogue,'' the Foreign Ministry said in a statement announcing the pullback.
Levy reiterated Israel's position, supported by the United States, that the Israeli-Palestinian peace accords left it to Israel alone to decide on the extent of the pullback, and he indicated that the matter was not closed.
On theoretical grounds, one could argue either that a pullback in credit leads to lower spending and thus to a recession or that recessions produce a deterioration in credit quality that causes banks to be less willing to make further extensions of credit.
The degree of over-travel of the piston in closing is reportedly sufficient to keep it closed during initial screw pullback.
CHAPTER 11 First Pullback Sequence: Bar, Minor Trend Line, Moving Average, Moving Average Gap, Major Trend Line
After recommending a defensive posture in recent weeks, we believe the pullback now presents investors with an attractive opportunity to add to stock market exposure.
The agreement stipulates a three-phase pullback, which was to begin Friday and conclude by mid-1998.
The two primary motives for selling a covered call are: to protect against a potential pullback in the near term, and to earn extra income on a stagnating stock.
When horizontal directional drilling (HDD) professionals discuss the size of an HDD rig, they usually refer to the maximum pullback force the unit can develop.
The recent pullback in net Non-Commercial COT short positions leaves scope for a fairly large USDJPY pullback.