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Glossary   >   T   >   "Technical rally" Definition            Technical rally Used in the context of general equities. Short rise in securities or commodities futures prices within a general declining trend. Such a rally may result because investors are bargain hunting or because analysts have noticed a particular support level at which securities usually bounce up. Antithesis of correction. A short term rise in share price against a background of general decline in prices. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Technical rally - Used in the context of general equities. Short rise in securities or commodities futures prices within a general declining trend. Such a rally may result because investors are bargain hunting or because analysts have noticed a particular support level at which securities usually bounce up. Antithesis of correction.

A short term rise in share price against a background of general decline in prices.