Hammer

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Hammer

In candlestick charts, the representation of a trading day where a security trades significantly below its opening price for most of the day, but closes either above or close to the opening price. It is called a hammer because the candlestick representing the trading day looks somewhat like a hammer. It is not necessarily a bullish indicator, but a hammer may mean that the market is nearing a bottom.
References in periodicals archive ?
Walker is a self-taught clawhammer style banjo player from Giles County, VA, who was 78 years old when this film was made.
Stringbean and another costumed clawhammer player named Grandpa
Better than a clonk over the head with a clawhammer for getting those frisky small-fry to drop off to sleep.
The story of the show sees the gang investigating a ghostly burglary at Clawhammer Film Studios.
He is in Hollywood shooting a monster movie at the old Clawhammer studios.
In their music, clawhammer banjo lies down with Caribbean rhythms, and traditional ballads stand alongside contemporary social comment.
The plot, such as it is, revolves around Mystery Inc's visit to the British home of the famous Clawhammer studios where Daphne's daffy uncle is directing a monster movie.
Hilarie Burhans, Put on the Skillet: Hilarie Burbans Clawhammer Banjo, Make 'em Go Wooo Productions (2003).
Leblanc (17) of Braunstone Frith, Leicester, was facing life behind bars after arming himself with a knife and clawhammer and luring the younger boy to a park.
Presented as a long-lost episode of the late-1960s cartoon series, the gang drives in its Mystery Machine to Chicago, where pretty Daphne's uncle is making a horror film for Clawhammer Pictures.
The Secretary of the Army drops in for a twenty-minute visit and it's Operation Clawhammer.
The artistic flair of Lincoln Square remains strong with the addition of the Old Town School of Folk Music, where you can hear great performers in a cabaretlike setting, or dabble in ukulele and clawhammer banjo lessons.