Technicals

Flag

In the world of finance, there exists a phenomenon known as a consolidation pattern. This pattern often occurs during a sharp increase or decrease in the market, taking the form of a small rectangle that leans in the opposite direction of the prevailing trend. It's often compared to a flag, pennant, triangle, or wedge and is classified as a continuation pattern. This means that it signals a temporary pause or breather in the market before the trend continues.

Related terms

Change

Understand the meaning and definition of Change in the context of stock market, trading, and investments.

MORE
Breadth

Understand the meaning and definition of Breadth in the context of stock market, trading, and investments.

MORE
Chaikin oscillator

Understand the meaning and definition of Chaikin oscillator in the context of stock market, trading, and investments.

MORE
Public book

Understand the meaning and definition of Public book in the context of stock market, trading, and investments.

MORE
Support Level

Understand the meaning and definition of Support Level in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers