technically weak

Technically Weak Market

In technical analysis, a market that is falling on high volume or rising on low volume. Technical weakness or strength is important to determining a security's or market's momentum. Falling on high volume or rising on low volume means that it is likely that the security or market is on a bearish trend.

technically weak

Used to describe a security or the whole market when technical indicators point toward a price decline. For example, small investors may step up odd-lot purchases of securities, the number of stocks hitting new highs may be small, and market volume on days the averages are rising may be light. Together these things indicate a technically weak stock market.
References in periodicals archive ?
'But it's too early to say that this is a reversal because market is technically weak while geopolitical risks persist and the Philippine peso (exchange rate against the US dollar) continues to weaken.
But those who say I am only a batsman on Asian pitches are wrong that I am technically weak. Any batsmen can get out in the slips," he said.
Speakers at a workshop on 'Project Formulation' at Government College University (GCU), Lahore said 'around 70pc projects submitted to Pakistan Science Foundation (PSF) for funding are technically weak. Most scientists even fail to justify prime objectives of their research, said speakers.
About 50 Rescuers from Multan, got special training for identifying technically weak buildings, said Rescue 1122 in-charge Dr Kaleemullah while talking to reporter.
He contends that the company's low ranking stems essentially from a lack of strategy, technically weak middle management, excessive bureaucracy and extensive political interference that discourages risk taking.
Was it due to lack of commitment from the players that led to such an abject surrender or are the players technically weak to play abroad?
Rohit Gadia, founder and chief executive officer, CapitalVia, an investment advisory firm, says, "Considering that most sugar stocks are looking technically weak, one should wait for the third-quarter numbers before taking any decision to invest."
" It has been done so much in our industry, but when you see films like Babel , you realise how technically weak we are.
"Platinum seems technically weak at the moment and has moved below the important $2,000 level.
Using the trade-off process of FAR 15.101.1, technically weak proposals should be eliminated early in the process before the competitive range is established.
Key institutions in the national trade support network are, in many instances, technically weak but resources, financial and otherwise, to improve capacities remain limited.
At present, he feels, the latter divide into two unacceptable extremes: the one overly rehearsed, concept-driven, and emotionally dead, the other spontaneous and creative but technically weak and lacking resources.

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