market top

(redirected from Top of the Market)

Market top

(1) The point in time at which a security's price begins to trend downwards after trending upwards. (2) The price level at which a security's price begins to trend downwards after trending upwards.

Market Top

The highest price for a security or index over a given period of time. For example, if Stock A has been on a bullish trend for a long time and later begins to decline, the market top is the highest price during its bull market. See also: Fulcrum point, Market bottom.

market top

The high point of stock prices measured by one or more of the stock averages or indexes. Compare market bottom.

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References in periodicals archive ?

THE very top of the market might not have scaled the heights of last year's opening day, but this should not detract from what was, by general consensus, a solid day's trade.

That barrier was firmly out of reach on this occasion but the sale witnessed a healthy level of demand from a diverse buying base, albeit with the top of the market operating at a lower level to last year.