click below
click below
Normal Size Small Size show me how
Alg w Finance 1.5
Chap 1 sec 5 Vocabulary
Term | Definition |
---|---|
Dow Jones Industrial Average | A published information system, the Dow follows the daily trading action of 30 large public companies; it is a well-respected average that offers a broad picture of how the mar- ket is performing from day to day. |
ticker | An information transmission machine that has been replaced by electronic scrolling, which uses symbols to provide up-to-date information during the trading day. |
Stock symbol | Same as a ticker symbol; the letter or letters used to identify a corporation on a ticker. |
ticker symbol | Same as a stock symbol; the letter or letters used to identify a corporation on a ticker. |
trading volume | The number of shares traded in a single transaction |
trading price | A price displayed on the ticker, sometimes followed by a @ symbol. |
directional arrow | Arrows that indicate whether the traded price of a single share is greater than the previous day’s closing price (▲) or less than the previous day’s closing price (▼). |
total value of a trade | A value determined by multiplying the number of shares traded by the trading price,including any fees. |
uptick | A tick that indicates the price is greater than the previous trade. |
downtick | A tick that indicates the price is lower than the previous trade. |
money flow | A type of market analysis |
positive money flow | When stock is purchased on an uptick. |
negative money flow | When stock is purchased on a downtick. |
daily money flow | A calculated indicator that is the average of a day’s high, low, and close, multiplied by the volume for the day. |
net money flow | A positive flow of money because more investors were willing to pay a price above the market price. |