dome

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Dome

In technical analysis, a price trend indicated on a chart by a gradual rise to a high, followed by a gradual decline. Traders seek to sell at the top point of the dome. Generally speaking, the sell signal is reached when trading is characterized by low volume and flat prices. This is seen as a shift from bull market to a bear market, albeit a slow one. It is also called an inverted saucer. See also: Saucer.

dome

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dome
In technical analysis, a chart formation indicating a market top and characterized by an upside-down U-shaped pattern. A dome is an example of a reversal pattern. Also called inverted saucer, rounded top.
References in periodicals archive ?
Elf hopes there might be oil in the domal region of the North Field and adjacent areas to the south.
7 billion years ago the post-tectonic Harney Peak Granite intruded the country rock creating a major domal structure.
Cerro Amarillo, a domal feature approximately six kilometers across, and Cerro Bola, which is truncated by a major north-south trending normal fault, rise above this surface.
Host rocks of the mineralization are a domal type subvolcanic intrusive complex related to the same magmatic source as the Tertiary volcanic activity.
Avery is also the largest and oldest domal salt mine in the United States, reported to be the first recorded discovery of rock salt in North America.
Initial geophysical interpretation indicates there is a wedge of higher porosity formation overlying the domal feature targeted by this well.