CPR Is A Stock And Commodity Trading Term

A closing price reversal occurs when the previous days low is taken out (i.e. the price trades below yesterday's low). The price then stops falling and it rallies up to close above the previous day's close. Thus the description, closing price reversal, ( CPR ). In this case it becomes a CPR up.

The reverse is a CPR down....In which case today's price would trade above yesterdays high reverse to the downside and close below yesterday's close.

There are other stock and commodity trading terms which we will investigate when the time comes.