Pullback

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Pullback

The downward reversal of a prolonged upward price trend.

Pullback

In a price uptrend, a security's retreat from its previous high. A pullback may be a signal that the uptrend is ending and may be taken as a sign to sell. On the other hand, the pullback may be temporary and the uptrend could continue. In that case, it may be taken as a sign to buy. The meaning of a pullback depends on other technical indicators.
References in periodicals archive ?
Physicians have historically used a pressure wire pullback technique with FFR, under hyperemic conditions, to assess the type of underlying disease severity, whether focal or diffuse, to help determine the appropriate treatment for the patient.
The pipe string-out area was adjacent to the existing Line 6B easement, and had a snake-like product pipe string-out while elevated over and across the 75-foot-wide Talfourd Creek on the front end of the pullback near the exit hole.
Several of Michels veteran personnel brain stormed, designed and fabricated a deadman system to handle the anticipated loads expected during pullback.
CHAPTER 11 First Pullback Sequence: Bar, Minor Trend Line, Moving Average, Moving Average Gap, Major Trend Line
Reaching a point during product pullback where the pulling forces required to pull in the pipe exceed maximum capability (a condition often referred to as hydrolock) is one potential problem.
In describing the progression of the crossing, Andrews noted that due to complications encountered, two attempts were required before the pullback was successful.
Your mileage might vary, but if I played a call option on this stock today, I'd fear a pullback.
However, despite this pullback and the rather lackluster short-interest ratio of three days to cover, some 7.
But subscribers should be wary of chasing extended and richly valued stocks, as a first-quarter market pullback would not be surprising.
A brief pullback last week (spurred by a brokerage downgrade) was quickly corrected near the site of the stock's ascending 10-day moving average.
An uptrending trendline contained the equity's pullbacks in April and October 2003 and March of this year.