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Stocks Screener - Falling Wedge

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Weekly Pattern:Falling Wedge
Number of records: 25
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- 9/22/2023 -
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PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
AEE 80.21-0.69%62.3330.37 3 38 1 Add to Watch List
AEP 79.17-1.09%65.8129.38 3 43 2 Add to Watch List
AMCR 9.05-3.21%21.5222.65 8 84 1 Add to Watch List
BWA 40.76-0.71%41.2023.33 4 39 4 09/22/23	Bearish  Downside Tasuki Gap
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CPB 42.61-1.00%60.2326.08 2 19 Add to Watch List
ED 90.83-0.72%61.6635.21 3 43 1 Add to Watch List
EQIX 731.91-5.71%14.2340.76 5 51 2 Add to Watch List
ETR 96.55-1.88%62.6534.69 3 43 1 09/22/23	Bullish  Doji Star
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EWG 26.71-2.27%16.2620.12 1 09/18/23	Bullish  Doji
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FE 36.05-2.33%58.5228.52 3 43 1 09/19/23	Bullish  Doji
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Chart Analysis and Chart Pattern Recognition – Falling Wedge Pattern.

A falling wedge pattern is a triangle formation with noticeable slant to the downside. It represents the loss of the downside momentum on each successive low and has a bullish bias. The falling wedges pattern usually marks a reversal in a downtrend. In an uptrend, the falling wedge pattern is considered as a continuation pattern. As with other triangle formations, volume usually diminishes as price rise and then increases during the breakout.
Falling Wedge Screening page presents a list of stocks forming Falling Wedge Pattern.
Tips:
# 1
To confirm the loss of the downside momentum at the reversal point, see bullish divergence on technical indicators.
# 2 For the best results, chart patterns should be considered together with other technical analysis signals and technical trading techniques.

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Stock Chart Patterns.

Price chart is the result of activity of all market participants. It reflects periods of high expectations, greed and fear. As most emotional human activities, it presents different patterns. Chart analysis and pattern recognition provide useful information for technical analysis, trend analysis and market timing signals for technical trading. Trendlines and chart patterns can be analyzed in different time frames: from intraday, daily and weekly frames, up to multi-year patterns. It is the best practice to analyze patterns in conjunction with other technical indicators. Each price pattern is formed by several smaller sub waves. At least 3 – 4 sub waves are required to perform a reliable pattern screening. We use minimal required number of sub waves for an earlier pattern recognition screener. On the other hand, pattern formed with more sub waves is more reliable.
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