ascending tops

Ascending tops

A chart pattern that depicts that each peak in a security's price over a period of time is higher than the preceding peak. Antithesis of descending tops.

Ascending Tops

In technical analysis, a series of peaks in price in which each peak is higher than the last. That is, a price may peak, then dip back down, then go to a higher peak, and so forth. Technical analysts often consider this a strong buy signal.

ascending tops

click for a larger image
ascending tops
In technical analysis, a chart pattern indicating the up and down movement of a security's price and characterized by progressively higher peaks on each upturn. This pattern is considered bullish. Compare descending tops.
Mentioned in ?
References in periodicals archive ?
The Tadawul All-Share Index (TASI), reflecting a series of ascending tops, edged higher by 0.