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Swing Low
Technical AnalysisA local price trough where the low is lower than the lows of surrounding bars. Swing lows mark support points and are used to define trends and draw trendlines.
Related Terms
Swing High
A local price peak where the high is higher than the highs of surrounding bars.
Trendline
A diagonal line connecting two or more swing highs (downtrend) or swing lows (uptrend).
Support
A price level where buying pressure tends to overcome selling pressure, causing the price to stall or bounce upward.