Technically Strong Market


DEFINITION of 'Technically Strong Market'

A market in which both open interest and prices are increasing or in which both open interest and prices are decreasing. A market in which trading volume corresponds to price change where increasing volume accompanies increasing prices, and decreasing volume accompanies decreasing prices is considered technically strong.

BREAKING DOWN 'Technically Strong Market'

Technical analysts try to profit from trends in the prices of securities. They believe that historical pricing trends tend to repeat themselves, and by using price charts to identify these trends they can determine the best times to buy or sell to make a profit. Technical analysts are not concerned with fundamentals like the quality of a company's product or service, or its management.

  1. Technical Analyst

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  2. Kairi Relative Index

    A technical indicator used to spot relationships in trending ...
  3. Technically Weak Market

    A market in which open interest is increasing and prices are ...
  4. Volume

    The number of shares or contracts traded in a security or an ...
  5. Technical Analysis

    A method of evaluating securities by analyzing statistics generated ...
  6. Dead Cat Bounce

    A temporary recovery from a prolonged decline or bear market, ...
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