Marubozo
Definition of 'Marubozo'A type of candlestick charting formation that appears when a security's price does not trade outside the range of the opening and closing prices. |
|
Investopedia explains 'Marubozo'The marubozo's defining characteristic is the absence of upper or lower shadows. On an up day the opening price is equal to the day's low, and the closing price is equal to the day's high. This type of candle suggests strongly that there is a greater demand for the stock than there is willingness for people to sell it. The opposite is true when the marubozo appears on a down day (when the opening price is equal to the high of the day). |
Related Definitions
Articles Of Interest
-
Candlestick Charting: What Is It?
Discover the components and basic patterns of this ancient technical analysis technique. -
The Basic Language Of Candlestick Charting
If you want to use candlestick charting to get a sense of where a stock is headed, you need to learn how to read this unique charting language. -
Candlestick Charting: Perfecting The Art
Take a look at continuation patterns and how they can confirm or deny trends. -
Candlesticks Light The Way To Logical Trading
Crowd psychology is the reason this technique works. Find out how to make it work for you. -
What do you call a candlestick with no shadows, and what does it mean?
A candlestick with no shadow is regarded as a strong signal of conviction by either buyers or sellers depending on whether the direction of the candle is up or down. This type of candlestick ... -
A Primer On The MACD
Learn to trade in the direction of short-term momentum. -
When To Short A Stock
Learn how to make money off failing shares. -
A Top-Down Approach To Investing
Use a global view to determine which stocks belong in your portfolio. -
Top 4 Most Scandalous Insider Trading Debacles
Here we look at some of the landmark incidents of insider trading. -
Market Summary for September 6, 2013
The major U.S. indices moved lower this week, after a lackluster jobs report sent shares lower on Friday morning.
Free Annual Reports