horizontal price movement

Horizontal price movement

Stock price movement within a narrow price range over an extended period of time which creates the appearance of a relatively straight line on a graph of the stock's price.
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Flat Market

A market in neither an uptrend nor a downtrend. That is, the securities in a flat market are relatively constant in price, at least for a certain period of time. A market may be flat while investors wait to hear some relevant information, such as an earnings report. A flat market is sometimes associated with low trading volume. It is also called a sideways market or a deer market.
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horizontal price movement

The movement of the price of a security or the market in a narrow range day after day. On a chart this price movement appears as a horizontal line or a horizontal bar across the page.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.