Technical Event - The occurrence of a specific pri
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Technical Event - The occurrence of a specific price situation based on the principles of Technical Analysis. Events usually occur when the price for a financial instrument crosses a critical line or threshold. Examples of technical events include: the confirmation of a price, confirmation that a pattern has formed, or confirmation that the price crossed a specific moving average. Investors should also consider examining Technical Event occurrences for the underlying stock when researching warrants, convertible preferred shares or convertible debentures. Technical Event occurrences may be considered less indicative for non-convertible preferred shares and non-convertible debentures. The occurrence of a Technical Event should be used as one piece of additional information within greater research regarding these instrument.