Top-heavy

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Top-heavy

At a price level where supply is exceeding demand. See: Resistance level.

Top-Heavy

Informal; describing a security trading at a price at which there are more sellers than buyers. Because there is a lack of demand at the top-heavy price, the security is likely to undergo a price correction. See also: Resistance level.
References in periodicals archive ?
Prompted by the dollar's top-heaviness and a lack of fresh trading incentives, players will likely test the dollar's downside toward 130.
The market's top-heaviness also dampened investor sentiment, sending the Nikkei sharply lower toward the end of the day.
Brokers also attributed the market's top-heaviness to increasing selling pressure from banks and corporations unwinding cross-shareholdings ahead of full-year book closings in next March.
In Tokyo, however, buybacks in high-tech issues and bargain-hunting gradually lost steam toward the end of the afternoon session, with investors growing wary over the top-heaviness of the market, brokers said.
Toshiba's poor earnings results were announced when investors were growing wary over the top-heaviness of share prices.