Search results
Results From The WOW.Com Content Network
The flag and pennant patterns are commonly found patterns in the price charts of financially traded assets (stocks, bonds, futures, etc.). [1] The patterns are characterized by a clear direction of the price trend, followed by a consolidation and rangebound movement, which is then followed by a resumption of the trend. [2]
The flag pattern (also called a pennant or wedge by some chartists) is formed. Flags are flying in stock market charts, and they're warning that last week's indecision will be decisively broken ...
Pages in category "Chart patterns" The following 11 pages are in this category, out of 11 total. ... Flag and pennant patterns; G. Gap (chart pattern) H.
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period. Chart patterns are used as either reversal or ...
Pennant race, the race to clinch the division title in a regular baseball season; Pennant (military), a tapering flag historically carried for identification purposes by cavalry detachments, attached to lances or standard poles. Pennant, a reference to Flag and pennant patterns in technical analysis of a stock market chart
The search engine that helps you find exactly what you're looking for. Find the most relevant information, video, images, and answers from all across the Web.
Chart patterns (11 P) F. Financial charts (11 P) M. Market indicators (7 P) T. Technical analysis software (18 P) ... Flag and pennant patterns; G. Gann angles; Grand ...
The pattern derives its name from the fact that it is characterized by a contraction in price range and converging trend lines, thus giving it a triangular shape. [ 1 ] Triangle patterns can be broken down into three categories: the ascending triangle, the descending triangle, and the symmetrical triangle.