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 ?
"Masthead aims to provide the best parts of 'that bird site' without the worst parts," he adds.
After 90 years, the Archives continues to innovate and evolve and the evidence can be found on our revised 2016 masthead.
Newspaper mastheads are traditionally at the top because of the way they were once stacked on old-style tiered racks - ie, you could only see the top portion of each paper.
McClatchy has so far written down $290.9 million against goodwill and $9-1/2 million against mastheads and warned it might have to make more similar charges.
| It is extremely interesting to see how |The Gazette masthead has changed over the decades.
Yesterday we dropped the A and O from our masthead to back NHS Blood and Transplant's Missing Type campaign.
They used a picture of it for their masthead in their company newsletter, "Cotton Chats.''
subsidiary, Bridgestone Hose America Inc., reached an agreement to acquire U.S.-based Masthead Industries, LLC., operator of one of the largest networks specialized in hose sales and service in the U.S.
To celebrate UAE National Day, we've done something special to our front page masthead. In fact, it's a magic masthead today - if you take a minute to download the right app.
"I also have a special gold copy of the Daily Mail masthead which I treasure.
They strongly recommends that owners/operators of any vessel should installed SEACHOICE product (#03201 only) as a masthead, stern or other type of navigation light to remove it and replace it with a proper light that meets the requirements for the vessel and application.