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Stocks Screener - Falling Wedge

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Weekly Pattern:Falling Wedge
Number of records: 6
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- 12/13/2024 -
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PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
BDX 225.602.54%64.3031.08 2 39 2 Add to Watch List
CMCSA 39.92-7.49%21.9741.29 12 60 1 Uptrend Support12/11/24	Bullish  Harami
12/10/24	Bullish  Matching Low
12/09/24	Bearish  Long Red Real Body
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FXI 31.101.07%52.5345.70 2 Downtrend Broken Resist.Add to Watch List
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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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