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Triangle

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.

triangle

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triangle
In technical analysis, a chart pattern indicating the convergence in the movement of successive high and low prices and characterized by a formation that resembles a triangle turned on its side. A triangle indicates a period of combat between bulls and bears with the technical analyst having to determine the winner. If prices break out of the triangle on the upside, it is a bullish sign. A breakout on the downside indicates the bears are winners. The closer the breakout occurs to the point of the triangle, the less conclusive the signal to buy or sell. Also called coil, flag, pennant, wedge. See also ascending triangle, descending triangle.
References in periodicals archive ?
Muthoo stressed IFADs commitment to support South-South and Triangular Cooperation, which has become one of the Fund's preferred implementation modalities.
Alternatively, we can justify this pattern using the formulafor the nth triangular number.
Triangular numbers are involved in the solutions of many mathematical problem types (Szetela, 1999).
to develop a technique of simultaneous use of square, triangular, round blocks and blocks of irregular shape.
Tokyo: 4589) have approved the company's proposed triangular merger, and the new name of Acucela Japan Kabushiki Kaisha becoming Kubota Pharmaceutical Holdings Co.
Prior to 2006, a triangular C reorganization potentially subjected a taxpayer to the risk of an income inclusion under prior Regs.
However, few studies extended MULTIMOORA into the triangular fuzzy number environment and obtained the final ranking by the dominance theory.
Indonesia and Norway have jointly implemented a number of triangular cooperation projects with Afghanistan in sectors of law enforcement, women empowerment and education.
Talking to reporter, PCAPH Chairman Abbas Hashmi said the triangular series
The Medium-Term Development Plan 2015-2019 underscores the need for Indonesia to enhance its role in South-South and Triangular Cooperation," the minister noted in her opening address to the South-South Cooperation Forum 2015 at the Foreign Affairs Ministry's building here on Tuesday.
1 Tricorn imagery marks the outside of the building, where a triangular sculpture hovers above the staircase, highlighted by the staircase's uplights as well as asymmetrical LED floodlights that are mounted to the roof.