triangle

(redirected from Isoceles)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.

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

click for a larger image
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 ?
Pressing the space bar in the presence of a sample added two comparisons in an isoceles triangular array on the monitor with the sample at the vertex and the comparisons at the corners of the base.
If you think of an isoceles triangle that is propped up at both ends of its base, you'll picture a cross-section of a typical gable-roofed house.
In August, special assistant Isoceles Otero reported to Robredo that an AILTF agent in Surigao was collecting money from key players in the illegal logging trade supposedly on Miranda's orders.