Trading

Dead Cat Bounce

A short-lived rally inside a larger downtrend that fades fast and gives way to more selling.

The name comes from an old trading line: even a dead cat bounces if it falls far enough. After a steep drop, price snaps back as short sellers take profit and bargain hunters buy. The relief feels like a bottom.

Then the bounce runs out of buyers and the decline resumes, often to new lows. Telling a dead cat bounce from a real reversal is hard in real time; it usually only looks obvious later. Light volume on the bounce is one warning the recovery may not hold.

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