High Close

High Close

A tactic in which traders buy a stock in relatively small amounts the final minutes of a trading day so that its closing price is higher than it otherwise would be. A high close exists because closing prices are widely quoted in the media and in other reports; this practice makes the stock appear robust.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in classic literature ?
The guns of the THUNDER CHILD sounded through the reek, going off one after the other, and one shot splashed the water high close by the steamer, ricocheted towards the other flying ships to the north, and smashed a smack to matchwood.
The stock closed at $204.66, just a few dollars below its all-time high close.
Investors' reactions to the reports of these top-tier companies could affect broader market sentiment, with the S&P 500 about one per cent below its 15 July record high close.
stocks moved broadly higher on a holiday-shortened day as investors put the market on track for its third straight record high close of the week.
The Nasdaq registered a record high close, while the S&P 500 ended just shy of a record high finish.
Proposals for the turbines, which will stand 110m high close to the A44 trunk road near Llandegley, have encountered a storm of local opposition.
Scaife, of High Close in Almondbury, spoke only to confirm his name, date of birth and address during the preliminary hearing.
20 record high close, with top-shelf stocks including Amazon.com Inc ((https://www.reuters.com/finance/stocks/overview?symbol=AMZN.O) AMZN.O ), Alphabet Inc ((https://www.reuters.com/finance/stocks/overview?symbol=GOOGL.O) GOOGL.O ), Netflix Inc ((https://www.reuters.com/finance/stocks/overview?symbol=NFLX.O) NFLX.O ) and Facebook Inc ((https://www.reuters.com/finance/stocks/overview?symbol=FB.O) FB.O ) showing little of their vitality from recent years.
The Q3 futures remain corrective having failed to make a new high close.
More importantly, the market failed to break its all-time high close of 8,344.05 which it established on Wednesday.
US stocks advanced modestly on Wednesday with the third consecutive all-time high close. The Dow Jones Industrial Average gained 5.2 points, or 0.02 per cent, to 22,646.87, while the S&P500 rallied 3.05 points, or 0.12 per cent, to 2,537.63.