gravestone

Definition

A candlestick chart patter, specifically a doji pattern. This pattern is formed when a security opens low, trades high throughout the session, but then returns to its low opening price. The gravestone pattern can be an indicator of either bullish or bearish behavior. The charted pattern looks like an upside-down uppercase 'T'.

Mentioned in these terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
gratuity gravestone doji