fingerprint(redirected from Thumbprint ID)
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In technical analysis, a particular security's unique or unusual price movements. For example, a stock may have a tendency to move slightly upward when similar stocks are moving slightly downward. Any number of factors may cause this, but the factors are often unique to the company issuing the security. A fingerprint often has a pattern that technical analysts may detect and track in order to take advantage of fluctuations.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
In technical analysis, the individual way that a particular stock trades. Technical analysts believe that an understanding of a security's fingerprint allows the investor to detect unusual variations in volume or changes in price that would signal a buying or selling opportunity.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.