Flag

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Related to flagged: flagged down, tottered

Flag

A pattern reflecting price fluctuations within a narrow range, generating a rectangular area on a graph both prior to and after sharp rises or declines.

Flag

In technical analysis, a situation on a chart in which a security's price undergoes a steep rise or fall, then trades within a narrow price range. When a steep rise proceeds the narrow trading, it looks somewhat like a flag raised on a pole. Many analysts believe that when a flag occurs, the narrow trading is only temporary and will soon be followed by another steep rise or fall. That is, a rise will follow a rise and a fall will follow a fall.

flag

See triangle.
References in classic literature ?
The talk often flagged between us when we were alone.
The poor relations caught the people who they thought would like it, and, when the game flagged, got caught themselves.
And in any one of these his many cares, from first to last, Quilp never flagged nor faltered.