Technical analysisTurkish: Yatay Piyasa
What is Sideways Market?
A consolidation period in which price moves within a narrow band without a clear direction.
ExampleThe stock moved sideways between TRY 90 and TRY 100 for three months.The figures in the example illustrate the concept; they are not current market data.
Related terms
TrendThe ongoing general movement of price in one direction; it can be up, down or sideways.Support LevelA price zone where declines have historically stopped and buying pressure strengthens.Resistance LevelA price zone where advances have historically stopped and selling pressure increases.ConsolidationA period in which price moves sideways in a narrow band after a strong move.
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Frequently asked questions
What is Sideways Market?
A consolidation period in which price moves within a narrow band without a clear direction.
What is Sideways Market called in Turkish?
In Turkish financial reporting and news, Sideways Market is called Yatay Piyasa.
Which concepts are related to Sideways Market?
The concepts most often mentioned together with Sideways Market are Trend, Support Level and Resistance Level.
More terms in Technical analysis
Alligator IndicatorAverage True RangeBollinger BandsBreakoutCandlestickDojiDouble BottomElliott WaveEngulfing PatternExponential Moving AverageFibonacci RetracementHammerHead and ShouldersIchimoku CloudMomentumMoving Average (MA)Moving Average Convergence DivergenceOn-Balance VolumePivot PointRelative Strength IndexStochastic OscillatorTechnical CorrectionVolume