con·fir·ma·tion   (kŏn'fər-mā'shən)    n.   The act of confirming. Something that confirms; verification. A Christian rite admitting a baptized person to full membership in a church. A ceremony in Judaism that marks the completion of a young person's religious training. A Christian rite admitting a baptized person to full membership in a church. A ceremony in Judaism that marks the completion of a young person's religious training.

Confirmation

Con`fir*ma"tion\, n. [F. confirmation, L. confirmatio.]

1. The act of confirming or strengthening; the act of establishing, ratifying, or sanctioning; as, the confirmation of an appointment.

Their blood is shed In confirmation of the noblest claim. --Cowper.

2. That which confirms; that which gives new strength or assurance; as to a statement or belief; additional evidence; proof; convincing testimony.

Trifles light as air Are to the jealous confirmations strong As proofs of holy writ. --Shak.

3. (Eccl.) A rite supplemental to baptism, by which a person is admitted, through the laying on of the hands of a bishop, to the full privileges of the church, as in the Roman Catholic, the Episcopal Church, etc.

This ordinance is called confirmation, because they who duly receive it are confirmed or strengthened for the fulfillment of their Christian duties, by the grace therein bestowed upon them. --Hook.

4. (Law) A conveyance by which a voidable estate is made sure and not voidable, or by which a particular estate is increased; a contract, express or implied, by which a person makes that firm and binding which was before voidable.

Confirmation

1. The occurrence of two or more indicators corresponding with one another and thereby corroborating the predicted trend.

2. The written acknowledgment provided by a broker indicating that a trade has been completed. It includes details such as the date, price, commission, fees, settlement terms, and so on.

Investopedia Commentary

1. A confirmation strengthens the implication of technical indicators. When a confirmation occurs, traders become more confident that the predicted trend will occur. If there is no confirmation, there is divergence.

2. Confirmation slips are usually mailed out within one week of the trade date.

Related Links

Introduction To Technical Analysis

See also: Broker, Divergence, Indicator, Resistance, Settlement Date, Support, Technical Analysis, Trade

confirmation

1. A written acknowledgment of a security trade that lists important details of the trade such as date, size of the transaction, price, commission, taxes, and amount of money involved. A confirmation is generally mailed the day after a trade takes place. See also cancellation.
2. The reaction of one technical indicator (such as the movement of a stock price average) that strengthens a signal given by another indicator.

Main Entry: con·fir·ma·tion
Pronunciation: "kän-f&r-'mA-sh&n
Function: noun
1 : the act or process of confirming, assuring, or upholding confirmation of the agreement>; specifically : the ratification of an executive act by a legislative body confirmation of the Supreme Court nominee>
2 : something that confirms: as a : an express or implied contract by which a person makes a voidable agreement binding; specifically : a definite expression or written memorandum that verifies or substantiates an agreement previously made orally or informally b in the civil law of Louisiana : a declaration whereby a person corrects the parts of an obligation that are null to make them enforceable c : a conveyance by which valid title to an estate is transferred to a person already in possession or by which an estate is increased