Skip to main content
Technicals

Broadening Top

A reversal pattern in finance, known as a "head and shoulders" pattern, is characterized by a series of at least three higher highs, followed by a series of lower lows. It typically follows a significant price increase and is confirmed by a third breakdown, often resulting in a much lower low. This pattern can be a useful indicator for investors to anticipate a potential shift in market direction.

Related terms

Downside Volume

Understand the meaning and definition of Downside Volume in the context of stock market, trading, and investments.

MORE
Divergence

Understand the meaning and definition of Divergence in the context of stock market, trading, and investments.

MORE
Accumulation

Understand the meaning and definition of Accumulation in the context of stock market, trading, and investments.

MORE
Change

Understand the meaning and definition of Change in the context of stock market, trading, and investments.

MORE
Pullback

Understand the meaning and definition of Pullback in the context of stock market, trading, and investments.

MORE
Simple linear regression

Understand the meaning and definition of Simple linear regression in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.5 Cr+ happy customers
+91