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 ?
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.
Among the already popular features on the blog, which soft-launched in late June, are "Photo Fakeouts," in which photos taken by Oyster reporters while anonymously on assignment are compared to the often-misleading marketing photos found on hotel websites, and "Bundle Breakdowns," in which the benefits -- or drawbacks -- of various hotel packages are meticulously analyzed.
The site's popular Photo Fakeouts spotlight misleading images found on the hotel websites -- from disappearing views to tiny pools made to seem far bigger than they are.