The Greedy Trader Weekly Analysis
Sign In Dec 1, 2023
Skip Navigation Links

Stocks Screener - Falling Wedge

Weekly Pattern:Falling Wedge
Number of records: 12
Sign In to see current Analysis.

Trend Analysis and Technical Indicators Scanner

- 11/24/2023 -
Your access is limited. Subscribe to see all 12 selected stocks.
Open Saved Filters How to use the Analysis page?
Symbol View HelpWeekly View HelpGFI View HelpOscillators View HelpTrend Analysis View HelpRanking View HelpTechnical View HelpCandle View HelpWatch View Help
CHRW 82.51-0.11%62.7025.30 8 38 Add to Watch List
CI 287.851.87%31.6747.58 4 113 1 Add to Watch List
ESS 214.721.75%52.3729.17 5 15 Add to Watch List
FXY 62.110.16%59.9327.28 Add to Watch List
GIS 65.180.65%45.9945.29 2 35 2 11/21/23	Bearish  Downside Tasuki Gap
Add to Watch List

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.
# 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.

Related Links
Related Links
Hide Help
Warning: 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.