Rounded Top

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rounded top

See dome.

Rounded Top

In charting and technical analysis, a security whose price over time is characterized by an upside-down U. This indicates a gradual rise in the price followed by a gradual decline. It is considered a bearish signal because it reversed a previous upward trend; the trend may be confirmed when the price dips below its moving average. A rounded top is also known as a dome, saucer top, or inverted bowl.

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Financial Dictionary

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