Flag

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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 ?
Paiewonsky said savings from road flaggers so far this year have amounted to millions, and that 64 percent of all state-funded and awarded road projects are using civilian flaggers or mostly civilian flaggers.
the report, "only 11" percent of the projected savings would come from replacing police with flaggers.
The Highway Department sent six workers to the Woburn site yesterday, four people to clean the basins and two flaggers to stop traffic.
When Massachusetts became the last state in the nation to allow civilian flaggers on roads where the speed limit is below 45 mph five years ago, the administration and legislators left an unavoidable pothole, asserts Michael J.
Only a handful of Bay State communities, some of them with small police departments that don't have enough officers to do details, use civilian flaggers on local street projects, according to a survey by the New England Center for Investigative Reporting.
According to the state Department of Transportation, the average hourly rate for flaggers in low-bid contracts submitted from 2009 to 2011 is about $32 an hour, compared to detail officers who make an average of $37 an hour.
Steven Baddour, D-Methuen, said the administration has placed civilian flaggers at the top of the prevailing wage scale.
Most of the work on the bridge replacement will be done behind concrete barriers, and many flaggers will not be needed, she said.
The use of civilian flaggers is limited in scope, and police details are used in hazardous situations or whenever regulations otherwise require it.
Two civilian flaggers were working along Putnam Hill Road in Sutton from 11 a.
On both Prairie Road and Link Road, traffic will be reduced to one lane with flaggers.
Since Attorney General Scott Harshbarger opined in 1995 that state law allowed use of civilian flaggers, some communities have done so.