Flag

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Related to flag off: slag off, flagged down

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 periodicals archive ?
The minister also thanked Afghan Foreign Minister Salahuddin Rabbani for joining her to flag off the first shipment of wheat today.
The eighth Dubai International Film Festival (DIFF), with some 171 films hand-picked from 56 nations, speaking more than 32 languages, is all set to flag off, promising eight days of glitz and glamour, movies and music, and much more.
Speaking at the flag off, Kishore Bhatija, CEO, Inorbit Malls said, "After the tremendous response that we saw from our patrons for the Vintage Car exhibition over 2 years, we chose to partner with Carwale for this unique annual property.
Varanasi (Gujarat) [India], September 22 ( ANI ): Prime Minister Narendra Modi will today visit his constituency, Varanasi, and will flag off a direct train service to Vadodara.
30 am, Javed Ahmed, Police Commissioner, Navi Mumbai will flag off the drive.
Dubai A centenarian marathoner will be taking part in a race that will flag off tomorrow in front of the Novotel Hotel in Dubai Festival City.
I was invited as a chief guest to flag off the Women's Marathon in Lucknow on Saturday.
Not a month goes by when there isn't a knock on their front door, and the widow of a serviceman is standing there with the flag off her husband's coffin.
Summary: New Delhi [India], September 21 (ANI): Prime Minister Narendra Modi will flag off a direct train service between Varanasi and Vadodara, during a two-day visit to his parliamentary constituency.
Indian minister of road transport and highways Nitin Gadkari is expected to flag off the vessels for the pilot run on 12th August.
Cong will flag off 10 Rath Yatras from April to slam her 'misrule'

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