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.
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References in periodicals archive ?
"The other space included in the lot makes it ideal for a buyer who wants to also develop other profitable uses for manufacturing, storage and residential rentals, subject to planning permission." The Mayfair Suite is just one of the 140 lots going under the hammer in Bond Wolfe Auctions' next sale at 10.30am in the Holte Suite at Aston Villa FC.
Some of the designer gear going under the hammer includes a Versace belt with a huge gold buckle, a child's Moncler tracksuit worth [pounds sterling]190 and a Moncler beanie, scarf and gloves set with a combined value of nearly [pounds sterling]500.
Some of the designer gear going under the hammer includes a Versace belt with a huge gold buckle, a child's Moncler tracksuit worth PS190 and a Moncler beanie, scarf and gloves set with a combined value of nearly PS500.
"We have over 400 lots going under the hammer, including many collectable James Bond and Star Wars posters."
An estimated PS5.5m worth of goods will be going under the hammer during the unreserved government auction and government land and property auction from 7.30pm.
Wilsons Auctions' asset recovery executive, Michael Streight, said: "With all items going under the hammer with no reserve, this is a great opportunity to purchase quality goods for an affordable price and there really is something for everyone.
Chris Sutton, director and auctioneer at Aston's, with the extremely rare acetate, and (right) some of nthe other Elvis memorabilia going under the hammer in Dudley next month
FUNERAL Oswald in coffin before service KILLED John F Kennedy BURY OLD Pine casket is going under the hammer next month
The number of residential lots going under the hammer in the North-West is up by 1.7%, and commercial lots by 5%.
The company's Spirit of Motoring auction is to be held at Ascot racecourse tomorrow, when another 70 classic vehicles will be going under the hammer.
Among the mares in foal going under the hammer is Ipi Tombe, winner of 12 races and nearly pounds 900,000 in prize-money.
Many of the other fixtures and fittings, including the pillow that Nasty Nick sobbed into, are also going under the hammer.