Dictionary
Thesaurus
Encyclopedia
Translator
Web

rising bottom

 - 1 dictionary result
Financial Dictionary

Rising Bottom

A pattern on a security's chart that results from the daily low price rising with each successive day. Also called "ascending bottoms".



The image displays a rising bottom, showing that each progressive day has a higher daily low.

Investopedia Commentary

This pattern is considered to be bullish. Rising bottoms signify increasing basic support levels and ascending tops.

Related Links

Introduction To Technical Analysis
Price Patterns - Part 4
Support and Resistance Zones - Part 1

See also: Ascending Tops, Bar Chart, Bull, Candlestick, Point & Figure Chart, Security

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
Cite This Source
Search another word or see rising bottom on Thesaurus | Reference
FacebookTwitterFollow us: