market top

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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

market top

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