Fakeout

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Fakeout

In technical analysis, an informal term for a situation in which an analyst takes or recommends taking a position because technical indicators show that some market movement will take place, but it never does. Technical analysts base their recommendations and investments on the idea that past market movements predict future movements; a fakeout occurs when they apply this methodology and the opposite of what was expected occurs. To reduce the possibility of fakeouts, most technical analysts look at multiple indicators before making any recommendations. See also: Noise.
References in periodicals archive ?
But they repeatedly spring unsettling surprises with crafty fakeouts, triggering laughs as well as gasps by upending expectations at the last second.
A recurring section for the company's men featured scrimmages and tackles, tugs-of-war and fakeouts, layered with bravado and uncertainty.
Collecting the rest of the gang is fun, planning the raid involves a few reversals that don't generate a whole lot of suspense but keep matters moving along, and the actual knock-over involves just enough previously unmentioned fakeouts and subterfuges to sustain viewer interest without making us feel as ripped off as the casino's intimidating boss.
317, 321 (May 1986), "friendly mergers, hostile takeovers, and fakeouts (including a variety of takeover defenses) can be considered as market mechanisms that help complete the market for managerial talent.