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Rectangle
(redirected from Rectangled)

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.03 sec.
Rectangle
In technical analysis, a situation in which the price of a security stays within a fairly narrow band. It is called a rectangle because the resistance price and the support price, when drawn as lines, look vaguely like a rectangle.

rectangle
In technical analysis, a chart pattern in which the price of a security bounces back and forth between two horizontal lines. Because a rectangle is thought to occur when stock is being distributed or accumulated by knowledgeable investors, a major price movement is expected once the stock breaks out of the rectangle formation.
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rectangle


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RECTANGLED Are there more squares or rectangles in the drawing at right?
 
 
 
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