triangle


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Triangle

In technical analysis, a series of high and low prices for a security that, when plotted on a chart, looks vaguely like a triangle. A triangle indicates that investors do not know whether a bull market or a bear market will prevail. If the triangle breaks upward, it is a bullish sign, but if it breaks downward, it is a bearish sign. A triangle is also called a wedge. See also: Ascending sign, Descending sign.

triangle

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triangle
In technical analysis, a chart pattern indicating the convergence in the movement of successive high and low prices and characterized by a formation that resembles a triangle turned on its side. A triangle indicates a period of combat between bulls and bears with the technical analyst having to determine the winner. If prices break out of the triangle on the upside, it is a bullish sign. A breakout on the downside indicates the bears are winners. The closer the breakout occurs to the point of the triangle, the less conclusive the signal to buy or sell. Also called coil, flag, pennant, wedge. See also ascending triangle, descending triangle.
References in periodicals archive ?
Depicted as a closed triangle, this model espoused that individuals may never satisfy all of their needs, especially needs at the highest level.
The four-man rotation of the Triangle Offense will allow us to screen a man out of the Power Triangle and enter another man into it, possibly creating a defensive mismatch.
Next, the triangle hopped on top of the square, They made a house.
The results have been noticeable in the Lakers' recent games, with Atkins gaining confidence in the triangle.
Triangle looks forward to providing another quality development to the residents of New York City," said Lester Petracca, Principal, Triangle Equities.
Remarkably, this may be the first detailed, explicit synthetic construction of triangle tilings of the hyperbolic plane to appear," Goodman-Strauss notes.
This is an opportunity for Triangle Bank to significantly strengthen our presence in Nash and Edgecombe counties, while gaining a presence in three new markets.
Each of the Fast 50 companies has contributed a great deal to the Triangle community," says Charlene Grunwaldt, Triangle Business Journal publisher.
If he goes, Jackson's coaching staff and its vast triangle experience probably goes with him.
MetaPartners is a wonderful fit for us because of its outstanding reputation and market expertise in serving the corporate needs of Research Triangle businesses, especially those in the fast-growing biosciences and pharmaceuticals industries," said Dick Jones, Insignia's executive vice president in charge of the affiliate program.
Triangle Bancorp stock trades on the NYSE under the symbol TGL.
Then I can go to the computer and calculate where all the vertices have to be for different triangle shapes.