technically weak

Technically Weak Market

In technical analysis, a market that is falling on high volume or rising on low volume. Technical weakness or strength is important to determining a security's or market's momentum. Falling on high volume or rising on low volume means that it is likely that the security or market is on a bearish trend.

technically weak

Used to describe a security or the whole market when technical indicators point toward a price decline. For example, small investors may step up odd-lot purchases of securities, the number of stocks hitting new highs may be small, and market volume on days the averages are rising may be light. Together these things indicate a technically weak stock market.
References in periodicals archive ?
Not just because we need to wait for the latest corporate results to better help us in our stock selection, the market is still technically weak and erratic.
But those who say I am only a batsman on Asian pitches are wrong that I am technically weak.
Speakers at a workshop on 'Project Formulation' at Government College University (GCU), Lahore said 'around 70pc projects submitted to Pakistan Science Foundation (PSF) for funding are technically weak.
About 50 Rescuers from Multan, got special training for identifying technically weak buildings, said Rescue 1122 in-charge Dr Kaleemullah while talking to reporter.
Was it due to lack of commitment from the players that led to such an abject surrender or are the players technically weak to play abroad?
Rohit Gadia, founder and chief executive officer, CapitalVia, an investment advisory firm, says, "Considering that most sugar stocks are looking technically weak, one should wait for the third-quarter numbers before taking any decision to invest.
It has been done so much in our industry, but when you see films like Babel , you realise how technically weak we are.
Platinum seems technically weak at the moment and has moved below the important $2,000 level.
Key institutions in the national trade support network are, in many instances, technically weak but resources, financial and otherwise, to improve capacities remain limited.
Having defeated Richard III at the Battle of Bosworth, Henry had won the crown by force of arms, but he was well aware that his title was technically weak.
Following a technically weak close of $5,445 on Wednesday, selling accelerated on Thursday, triggered by the poor performance of the copper market.

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