Flag

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Related to flagging off: flagging 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 ?
4 ( ANI ): Flagging off preparation for the filing of GSTR-4, the quarterly return for taxpayers who have opted for Composition Levy, the Goods and Services Tax Network (GSTN) introduced an offline tool on the GST Portal for the same.
Though it is a big challenge, we would do it with the support of our countrymen," Prabhu said after flagging off the two trains.
Speaking to reporters after the flagging off, Rathore said that the marathon had helped in bringing together the soldiers from different parts of the country.
However, local commuters missed the opportunity of boarding the train as there was lack of information on the flagging off ceremony at Jiribam, 220 km west of here.
Flagging off the run, Modi said India would emerge as a super power in the world on the strong pillars of unity, good governance and people's participation.