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 ?
Other classics coming under the hammer include a 1939 Lagonda V12 Le Mans Replica with an estimate of about pounds 150,000, a 1921 Rolls-Royce Silver Ghost that featured in the film Lawrence of Arabia and a 1948 Bentley MK VI Supercharged Special.
The strongest section of the sale is undoubtedly the autographed items, with hundreds of famous signatures coming under the hammer at prices ranging from a few pounds to a few hundred.
So forget the M62, the tailbacks, traffic cones, tea towels and that cactus plant, and take a fresh look at an original designed 1960s piece of glass that will be coming under the hammer - so t o speak - soon
Other lots coming under the hammer include the main entrance welcome sign, the home and away dugout canopies, and a signed framed picture of Keith Houchen scoring a goal in the 1987 FA Cup final.
Last year,North Wales auctioneers Jones Peckover reported a record year, with55 lots coming under the hammer for a combined total of pounds 6m.
There are well over 100 items coming under the hammer.
Then SVA Property Auctions have a whole range of properties coming under the hammer at Glasgow's Central Hotel.
A ll nine lots coming under the hammer were sold - most of them for more than the asking price.
A pub set in the picturesque Amber Valley area of Derbyshire is oneof ten Midland pubs coming under the hammer next month at a major property and land auction in Birmingham.
As many as 55 entries sold for 5,000gns or more and 166 lots traded to average pounds 4,408, representing the highest number of bulls of any breed coming under the hammer sold during the centre's spring multi-breed sales and a 70% clearance.
He was one of the last yearlings by Danzig to set foot in a sales ring when coming under the hammer at Keeneland Sales in Kentucky in September of last year and sparked off a bidding war between John Magnier and Sheikh Mohammed.
Also coming under the hammer at the H&H auction at Buxton on September 12 and 13 will be a Jaguar E-Type V12 coupe driven by actor Nick Berry.