The Greedy Trader Weekly Analysis
Sign In Aug 7, 2020
Skip Navigation Links

TA Search

Weekly Pattern:Rising Wedge
Number of records: 44
Archive
Sign In to see current Analysis.

Trend Analysis and Technical Indicators Scanner

- 7/31/2020 -
Your access is limited. Subscribe to see all 44 selected stocks.
Open Saved Filters How to use the Analysis page?
Symbol Weekly GFI Oscillators Trend Analysis Ranking Technical Candle Watch 
PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
^GSPC 3271.121.73%73.6281.78 2 Add to Watch List
^IXIC 10745.273.69%67.1282.85 2 Add to Watch List
ABC 100.19-3.44%56.9277.44 10 65 2 Downtrend Broken Resist.Add to Watch List
AES 15.23-1.10%58.4978.04 5 45 2 Add to Watch List
AFL 35.57-3.26%43.6050.98 4 35 2 07/28/20	Bullish  Doji
Add to Watch List
AIZ 107.470.64%69.7457.81 4 33 1 07/31/20	Bullish  Long White Real Body
Add to Watch List
AJG 107.493.43%79.0883.48 4 107 1 Add to Watch List
AMGN 244.67-1.33%32.8868.74 10 50 1 Add to Watch List
AMT 261.391.97%57.3774.46 3 82 3 07/27/20	Bullish  Long White Real Body
Add to Watch List
AVY 113.34-5.87%37.7563.70 12 53 3 Add to Watch List
Help

How to Trade Rising Wedge Chart Pattern

Rising Wedge Chart PatternA Rising Wedge (or Ascending Wedge) pattern is one of the most reliable, low-risk, and high-reward chart pattern. A Rising Wedge pattern is a triangle formation with noticeable slant to the upside. The line that connects the bottoms of the formation represents a support trend line. The resistance trend line connects the formation's tops. The Rising Wedge pattern is valid when the price touched both the support and resistance lines alternatively at least tree times. Unlike the Rising Channel formation, where support and resistance lines are parallel, in a Rising Wedge formation the support line is noticeably steeper than the resistance line. A Rising Wedge represents the loss of the upside momentum and has a bearish bias.
Related Links
Hide Help
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2018 All rights reserved.