Hammer

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Hammer

In candlestick charts, the representation of a trading day where a security trades significantly below its opening price for most of the day, but closes either above or close to the opening price. It is called a hammer because the candlestick representing the trading day looks somewhat like a hammer. It is not necessarily a bullish indicator, but a hammer may mean that the market is nearing a bottom.
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References in periodicals archive ?
Caption: The S&W Safety Hammerless revolver's grip safety led to it being better known as the "Lemon Squeezer." (Courtesy Rock Island Auction Co.)
You have a very nice-condition Safety Hammerless. (It is also called a "New Departure" or "Lemon Squeezer" because of the rear grip safety.) The low serial number indicates yours is a First Model.
Volvo Construction Equipment's medium and large wheel loaders and excavators now have more to smile about - an all new premium tooth system that not only increases productivity and fuel efficiency, but is also more wear resistant and much easier to fit, thanks to its hammerless pin design.
The Model 99 is a hammerless lever action with a hefty breechblock, the rear of which locks up strongly against the solid receiver when the lever closes.
If you choose a gun with a fully enclosed internal hammer (a so-called "hammerless" revolver), you'll always have to deal with that trigger pull.
Hammerless revolvers with laser sights are some of the most frequently purchased firearms at Dury's.
The SmartFit system provides stronger, more durable teeth and adapters, and hammerless, reusable locking pins.
When Savage Arms introduced their 1895 model, it boasted a unique hammerless design, which reduced lock-time and marginally enhanced accuracy.
The McKenna Hammerless Drain Vale from Alcoa World Alumina Australia has received the Highly Commended Award from Western Australia's Chamber of Minerals & Energy (CME) Occupational Safety and Health Innovations Awards.