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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 periodicals archive ?
And mum must have been so proud to see her little girl, knocking back Jack Daniel's and cutting her berry-covered birthday cake while trying to get the wedgy out of her sheer black shorts and bellowing: "Now let's get f***ing wasted
But Sienna Miller isn't immune to the indignity of getting a wedgy on the beach.
If Mike Tyson had hung around our playground, he'd have ended-up blubbering in a corner with a bloody nose and wedgy.
One performs a wedgy by stealing upon an individual, clasping the top of his underpants and pulling them in a forceful, upward movement.