W Formation

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Definition: W Formation

W Formation
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Full Definition of W Formation

A technical analysis term used to describe a chart on which the price of a security has made two approximately equal bottoms over a period of time. Technical analysts try to buy at one of the bottoms in anticipation of a rise (which would make the shape of a “W” on the chart). also called double bottom. opposite of double top.

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https://payrollheaven.com/define/w-formation/
Modern Language Association (MLA):
W Formation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 07, 2025 https://payrollheaven.com/define/w-formation/.
Chicago Manual of Style (CMS):
W Formation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/w-formation/ (accessed: February 07, 2025).
American Psychological Association (APA):
W Formation. PayrollHeaven.com. Retrieved February 07, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/w-formation/

Definition Sources

Definitions for W Formation 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: 20th November, 2021 | 0 Views.