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

Volume accumulation

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

MORE
Support Level

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

MORE
Saucer

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

MORE
Tick Volume

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

MORE
Breakdown

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

MORE
Arms index

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

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 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