TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

TRIPLE TOP [1 record]

Filter results by subject field Alphabetical list of terms

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Alphabetical list of terms

Record 1 2001-08-20

English

Subject field(s)
  • Stock Exchange
DEF

The ... highest point reached by the market or an individual stock, duplicating a level reached on two previous occasions. To the market technician, the three levels create a triple top, and indicate that a formidable barrier of price support (overhead resistance) has been formed.

French

Domaine(s)
  • Bourse
CONT

Lorsqu'un graphique prend la forme d'un M, c'est-à-dire qu'une action a essayé par deux fois consécutives de percer en hausse sans succès, c'est qu'il y a résistance à ce niveau. Cela constitue généralement le signal d'un mouvement à la baisse. [...] Le même graphique pourrait être présenté avec un triple sommet, qui serait un signe de baisse prochaine.

Spanish

Campo(s) temático(s)
  • Bolsa de valores
DEF

Formación que puede aparecer en los gráficos utilizados en el chartismo, similar al doble pico pero indicando con mayor seguridad el cambio de tendencia.

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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