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chart formation

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chart formation
A series of graphed stock prices or other market variables that form a recognizable pattern that may be used to determine future movements of the charted variable. Chart formations are not always as clearly defined as their users would like; thus, the ability to recognize and use charted data varies among technicians. Also called formation, pattern. See also inverted formation.


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Funds continue to extend long positions in the soybean market amid value buying and bullish chart formations.
Fundamental analysis by Pro Farmer
As you look at the market technically, the moving averages are in neutral ground, but we are developing an interesting chart formation.
The Big question by Utterback, Bob / Farm Journal
AK Steel Holding Corporation looks positioned for a push to a new 12-month high with a strong chart formation and a pending earnings release on October 23.
Zacks Buy List Highlights: Cogent, Potash Corporation of ... by Business Wire
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