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A chart pattern composed of two converging lines connecting peaks and troughs. In the case of falling wedges, the pattern indicates temporary interruptions of upward price rallies. In the case of rising wedges, indicates interruptions of a falling price trend.


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.


See triangle.
References in classic literature ?
The trunk was fashioned like a wedge with the apex to the earth.
The last time he had opened it in sleep, it had not been shut again, and he had inserted a wedge so that he could open it at will.
Brun had a dark wedge of beard apparently affixed under his lower lip.
Eager objected, saying that here was the thin edge of the wedge, and one must guard against imposition.
I had just driven the wedge safely in, and everything was going as I wished; but the cursed wedge was too smooth and suddenly sprang out, and the tree closed so quickly that I could not pull out my beautiful white beard; so now it is tight and I cannot get away, and the silly, sleek, milk-faced things laugh
It should be so, and yet I have sometimes thought the tiny hand seemed as a wedge, dividing.
Harmon drew a slab of tobacco from his pocket, cut off a wedge and pressed it into the leather pouch of his cheek.
It was at Carthoris' suggestion that we landed our prisoners under guard upon a couple of the larger islands, and then towed the ships of the First Born to the shaft, where we managed to wedge a number of them securely in the interior of the great well.
I felt it high time to wedge in a word about my own far less satisfactory affairs.
After a moment's hesitation, Strickland scrambled to his feet, and together they went to the Bouchee de Pain, where the hungry are given a wedge of bread, which they must eat there and then, for it is forbidden to take it away; and then to the Cuillere de Soupe, where for a week, at eleven and four, you may get a bowl of thin, salt soup.
The big furrier, without uttering a word in reply, tried to escape all the eyes riveted upon him from all sides; but he perspired and panted in vain; like a wedge entering the wood, his efforts served only to bury still more deeply in the shoulders of his neighbors, his large, apoplectic face, purple with spite and rage.
The holes are all round, and whatever shape the pegs are they must wedge in somehow.