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what are wedges and flags in a stock chart? a triangular shape formed by the intersection of two trendlines a price below the current market price a technical analysis tool to measure the highs and lows of a security price relative to previous trade data a measure of risk versus reward

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In the financial world, a wedge refers to a triangle whose apex is created by the junction of two trendlines.

What do wedges and flags look like on a stock chart?

In the financial world, a wedge refers to a triangle whose apex is created by the junction of two trendlines. The wedge doesn't have to point upward and might just as easily be an inverted triangle. The "falling wedge" is frequently referred to as a "flag" because it looks more like a pointed flag than a standard triangle.

A bearish wedge or flag is created when two trend lines converge together. The trend lines are inclined upward. Unlike Triangles, which have an apex that points to the right, this design's apex is angled upward at an angle. Prices have a converging trend, or increasing highs and higher lows, which explains why. Prices crossing below the lower trendline produce a negative indication.

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