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A chart pattern composed of two converging lines connecting peaks and troughs. In the case of falling wedges, the pattern indicates temporary interruptions of upward price rallies. In the case of rising wedges, indicates interruptions of a falling price trend.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


In technical analysis, a series of high and low prices for a security that, when plotted on a chart, looks vaguely like a triangle. A triangle indicates that investors do not know whether a bull market or a bear market will prevail. If the triangle breaks upward, it is a bullish sign, but if it breaks downward, it is a bearish sign. A triangle is also called a wedge. See also: Ascending sign, Descending sign.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


See triangle.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
This is expected, due to accommodation for the uncertainty in the step wedge increments in the colour card.
This model with randomised quantised predictions arguably reflected the uncertainty due to the colour matching best because the average bias was 0.41, which is nearly the width of the step wedge increment of 0.5 [pH.sub.F] units.
Caption: Figure 7: Comparison of the Contrast-to-Noise Ratio (CNR) for the Thinner Aluminum Step Wedge. (a) Exposure condition with only the aluminum step wedge.
Obviously, a step wedge was not employed in the radiographic examination of the knee.
The Marshals Service uses a test object devised by the American Society of Testing Materials (ASTM) called a step wedge. This is basically a block of aluminum graduated into ten steps with five wires embedded in it.
In black-and-white systems, 30 AWG (American Wire Gauge) solid copper wire should be visible to users through 10 levels of an ASTM (American Society for Testing and Materials) step wedge.