technical correction

Technical Correction

A temporary decline in a stock's price after a series of extremely high gains. If a stock is overbought, its price often become unsustainably high and a technical correction brings it back to a level that ideally reflects its true value.

technical correction

A temporary downturn in the price of a stock or in the market itself following a period of extensive price increases. A technical correction takes place in a generally increasing market when there is no particular reason that the increases should be interrupted other than the fact that investors have temporarily slowed securities purchases.
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The committee was of the unanimous opinion that action taken against Khanan and Kalia money changers through FIA 3 years back, had stabilized dollar's interaction with Pakistani rupee; "but current government's delaying gaffe had enriched opportunist elements to a tune of billions of rupees"; while the committee also regretted that despite a technical correction of the issue, astronomical market prices which surged during these few days' storm, have failed to revert to normalcy.
Summary: Pakistani stocks ended lower on Monday in what dealers said was a technical correction after the index posted hefty gains over the past weeks.
will keep the market from a severe decline, even in the technical correction, but the level in 1415 will continue to be a key point.
The Campaign to Fix the Debt urges our leaders to keep all deficit-reducing policy options on the negotiating table - especially options that represent a simple technical correction with strong bipartisan support.
M Hassan said that the market had registered a decline due to the technical correction.
Bills sponsored by two Ohio legislators Senator Sherrod Brown (D OH) and Representative Jean Schmidt (R OH-2nd)--making a technical correction to the U.
Analysts said the recovery was a technical correction and a rally is unlikely to get under way because economic indicators from manufacturing and auto sales to investment have fallen as the government winds down stimulus.
4p following a technical correction as the price adjusted to reflect the recently announced rights issue under which Ladbrokes plans to raise pounds 275m.
The technical correction was necessary for years 2008 and 2009 but not for 2010, when the limitation is eliminated under the Tax Increase Prevention and Reconciliation Act of 2005 ("TIPRA"), aka PL 109-222 (May 17, 2006).
In addition, it addresses a technical correction to SSARS No.
The bill also includes a technical correction that would allow the FHA to offer more flexible 5/1 hybrid ARMs and will increase private construction of affordable housing in the nation's high-cost urban and suburban areas.
50 yen in the afternoon was ''only a technical correction.
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