Move cursor over the icon or click on it to see technical
indicators and trend details.
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| Chart Analysis and Chart Pattern Recognition – Rising Wedge Pattern. |
 The rising wage is a triangle formation with noticeable slant to upside. It represents the loss of upside momentum on each successive high and has a bearish bias. Rising wedges usually marks the reversal in uptrend. In downtrend rising wedge is considered as continuation pattern. As with other triangle formation volume usually diminish as price rice and then increase on breakout.
Rising Wedge Screening page presents a list of stocks forming Rising Wedge Pattern.
Tips:
# 1 The rising wedge appears in mature trend characterized by overbought long-term and short-term indicators. This situation usually generates divergence on long-term indicators.
# 2 For the best results chart pattern should be considered together with other technical analysis signals and technical trading techniques. |
Rising Wedge Pattern,Rising Wedge,Rising Wedge Chart Pattern,Stock Charting, chart pattern, charts, pattern, technical analysis, signals, chart analysis, pattern recognition, screening, technical trading |
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| See also: How to use the Analysis page.
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