Reversal

Business, Legal & Accounting Glossary

Definition: Reversal



What is the dictionary definition of Reversal?

Dictionary Definition


Reversal, also referred to as trend reversal, is a change in the direction of a price trend.

n. the decision of a court of appeal ruling that the judgment of a lower court was incorrect and is therefore reversed. The result is that the lower court which tried the case is instructed to dismiss the original action, retry the case or change its judgment. Examples: a court which denied a petition for writ of mandate is ordered to issue the writ. A lower court which gave judgment with no evidence of damages is ordered to dismiss.


Full Definition of Reversal


On a price chart, reversals undergo a recognizable change in the price structure. An uptrend, which is a series of higher highs and higher lows, reverses into a downtrend by changing to a series of lower highs and lower lows. A downtrend, which is a series of lower highs and lower lows, reverses into an uptrend by changing to a series of higher highs and higher lows.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/reversal/
Modern Language Association (MLA):
Reversal. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 05, 2020 https://payrollheaven.com/define/reversal/.
Chicago Manual of Style (CMS):
Reversal. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/reversal/ (accessed: July 05, 2020).
American Psychological Association (APA):
Reversal. PayrollHeaven.com. Retrieved July 05, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/reversal/

Definition Sources


Definitions for Reversal are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 30th April, 2020 | 0 Views.