Flag

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Related to flagging down: flagging off

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 ?
Christmas and New Year revellers are being urged not to take risks with their safety by using unlicensed taxis or flagging down private hire cars.
Colley got help by flagging down a passing motorist.
The woman, 27, not yet named, was arrested at a house in Reynolds Close, Stanley, about 40 minutes after flagging down the shocked driver.