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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.


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.


See triangle.
References in periodicals archive ?
And when the mission is finished, take a few minutes to clean out anything that's gotten wedged between the hull and belly plate.
(1) and showed that both 5[degrees] and 10[degrees] (slightly greater) wedged insole reduced the knee varus torques during walking to a greater extend than the control insole and no in sole group, however, the smaller wedge found to be more confortable in patients with medial knee OA.
First, they placed charged, 1-micrometer latex spheres in water and watched as the particles arranged themselves into a crystal-like structure wedged into the space where an air bubble met a solid surface.
During assembly, I slid the blocks down between the leg strut pairs until they were wedged firmly in place, where they were glued and screwed in position.