Outside Days

DEFINITION of 'Outside Days'

A term employed by market technicians and day traders. Outside days are days where the chart bar is both higher and lower than that of the previous day. Outside days therefore mark greater volatility in the stock price for that day.

BREAKING DOWN 'Outside Days'

Outside days apply to candlestick stock charts. When the bar is both higher and lower than the previous day's bar, it falls outside the trading range of the previous day. This may indicate a change in the general direction of the stock price.

RELATED TERMS
  1. Inside Days

    A charting term used by technical analysts and day traders. Inside ...
  2. Outside Reversal

    A price chart pattern in which a security's high and low prices ...
  3. Bar Chart

    A style of chart used by some technical analysts, on which, as ...
  4. Bar

    A graphical representation of a stock's movement that usually ...
  5. Closing Quote

    A security's final regular-hours trading price for the day. Because ...
  6. Mat Hold Pattern

    A pattern found in the technical analysis of stocks that ultimately ...
Related Articles
  1. Active Trading

    Range Bar Charts: A Different View Of The Markets

    While range bars are not a type of technical indicator, traders can employ this useful tool to identify trends and interpret volatility.
  2. Day Traders

    Day traders enter into and exit positions several times per day. The critical feature is that they never hold a position “overnight.”
  3. Entrepreneurship

    Economics of Owning a Bar

    Understand what costs go into starting and running a bar, as well as what earnings can be expected. Learn whether or not it is smart to own a bar.
  4. Technical Indicators

    Gauging Entry And Exit Signals With Range Bars

    Wide range price bars often generate important signals that traders can use for timely entry or exit.
  5. Options & Futures

    Introduction - Day Traders

    In this tutorial, we will examine the very short-term trading style known as day trading. In particular, we will show how the trader can create a winning combination by using particular strategies ...
  6. Forex

    Non-Farm Payroll

    Trading news releases can be very profitable, but it is not for the faint of the heart.
  7. Active Trading Fundamentals

    How To Choose Stocks For Day Trading

    Day trading entails trading a stock several times over a day in an effort to profit on its price movements. It’s a risky strategy, but can pay big returns.
  8. Stock Analysis

    U.S. Stock Market Holidays in 2016

    Learn which holidays will be observed during the 2016 equity market trading year and how they have historically performed dating back to 1990.
  9. Trading Strategies

    Technical Analysis: Chart Types

    By Cory Janssen, Chad Langager and Casey MurphyThere are four main types of charts that are used by investors and traders depending on the information that they are seeking and their individual ...
  10. Charts & Patterns

    Advantages Of Data-Based Intraday Charts

    We take a look at these chart intervals and how we can use them to our advantage.
RELATED FAQS
  1. How effective is creating trade entries when using Outside Days?

    Learn how outside days provide traders with an opportunity to enter a market with a limited risk level and the opportunity ... Read Answer >>
  2. How do I build a profitable strategy when using Outside Days?

    Learn a potentially highly profitable trading strategy that traders employ when an outside day occurs in trading near a major ... Read Answer >>
  3. How are Outside Days interpreted by analysts and traders?

    Understand the meaning and significance of outside days and how they are interpreted as trading signals by traders and market ... Read Answer >>
  4. What is the best time of the day to trade?

    Unlike traditional investing, trading, or day trading, has a very short-term focus. Analysis may be broken down to days, ... Read Answer >>
  5. What are the differences between a bar chart and candle sticks?

    Explore the difference between bar and candlestick charts. Learn how technical analysts use charts in the analysis of supply ... Read Answer >>
  6. What do the different colored candlesticks mean?

    Candlestick charts have been used in Western trading for many years and are a very popular method of plotting the price action ... Read Answer >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center