Sideways Trend

Sideways Trend
Describes the horizontal price movement that occurs when the forces of supply and demand are nearly equal. A sideways trend is often regarded as a period of consolidation before the price continues in the direction of the previous move.

A sideways price trend is also commonly known as a "horizontal trend".

Sideways trend is generally a result of the price traveling between strong levels of support and resistance. It is not uncommon to see a horizontal trend dominate the price action of a specific asset for a prolonged period before starting a move higher or lower. Brief consolidation is often needed during large price runs, as it is nearly impossible for such large price moves to sustain themselves over the longer term.


Investment dictionary. . 2012.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • sideways trend — Seen in a bar chart when prices tend not to go above or below a certain range of levels. Chicago Mercantile Exchange Glossary …   Financial and business terms

  • Sideways — Infobox Film name = Sideways caption = Theatrical Poster director = Alexander Payne producer = Michael London George Parra writer = Novel: Rex Pickett Screenplay: Alexander Payne Jim Taylor starring = Paul Giamatti Thomas Haden Church Virginia… …   Wikipedia

  • Sideways Market / Sideways Drift — A sideways market occurs where the price trend of a certain trading instrument, such as a stock, has been experiencing neither an uptrend nor a downtrend. Instead, the price activity has been oscillating between a relatively narrow range without… …   Investment dictionary

  • Trend (technical analysis) — To a trader who uses technical analysis, the trend in price of a financial security is, intuitively, the general direction of its movement. Loosely, if someone who looked at the price chart would generally say the price is going up, the trend is… …   Wikipedia

  • Sideways Market/Movement —    A market trend where price rises and falls are small and restricted to a narrow range. Often referred to as a trend less, congested or ranging market …   Financial and business terms

  • Horizontal Channel — Using trendlines to connect variable pivot highs and lows shows price contained between the upper line of resistance and lower line of support. This is price range or sideways trend. This horizontal channel or sideways trend is also a rectangle… …   Investment dictionary

  • Technical analysis — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • ship — shipless, adj. shiplessly, adv. /ship/, n., v., shipped, shipping. n. 1. a vessel, esp. a large oceangoing one propelled by sails or engines. 2. Naut. a. a sailing vessel square rigged on all of three or more masts, having jibs, staysails, and a… …   Universalium

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • literature — /lit euhr euh cheuhr, choor , li treuh /, n. 1. writings in which expression and form, in connection with ideas of permanent and universal interest, are characteristic or essential features, as poetry, novels, history, biography, and essays. 2.… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”