Swing Low - Price Trough

Definition of Swing Low

A Swing Low is a trough in price movement for an asset. A swing low can occur on any trading time frame. Swing lows are based on the number of data points in a series. So, if you are looking back over the past 3 bars, you will want to find the lowest price trough for that series. In order to find important price swings, you will want the look back series to be on the order of 10-20 bars. Swing lows can be used to find critical price junctures and are often an acceleration point for price movement. A swing low is also a good place to enter stop loss orders for long positions.

 

Swing Low Chart Example

Swing LowSwing Low

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Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...

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