Stock Chart Pattern - Symmetrical Triangle Pattern - Technical Analysis
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Investment Tips
You’ll recognize the symmetrical triangle pattern when you see a stock’s price vacillating up and down and converging towards a single point. Its back and forth oscillations will become smaller and smaller until the stock reaches a critical price, breaks out of the pattern, and moves drastically up or down. The symmetrical triangle pattern is formed when investors are unsure of a stock’s value. Once the pattern is broken, investors jump on the bandwagon, shooting the stock price north or south.
Symmetrical Triangle Pattern
To form your symmetrical triangle pattern, draw two converging trendlines that bound the high and low prices. Your trendlines should form (you guessed it) a symmetrical triangle, lying on its side.
How to Profit from Symmetrical Triangles
Symmetrical triangles are very reliable. You can profit from upwards or downwards breakouts. If you see a symmetrical triangle forming, watch it closely. The sooner you catch the breakout, the more money you stand to make.
Watch For:
• Sideways movement, a period of rest, before the breakout.
• Price of the asset traveling between two converging trendlines.
• Breakout ¾ of the way to the apex.
Set Your Target Price:
As with all patterns, knowing when to get out is as important as knowing when to get in. Your target price is the safest time to sell, even if it looks like the trend may be continuing. For symmetrical triangles, sell your stock at a target price of:
• Entry price plus the pattern’s height for an upward breakout.
• Entry price minus the pattern’s height for a downward breakout.
Symmetrical Triangle Pattern
To form your symmetrical triangle pattern, draw two converging trendlines that bound the high and low prices. Your trendlines should form (you guessed it) a symmetrical triangle, lying on its side.
How to Profit from Symmetrical Triangles
Symmetrical triangles are very reliable. You can profit from upwards or downwards breakouts. If you see a symmetrical triangle forming, watch it closely. The sooner you catch the breakout, the more money you stand to make.
Watch For:
• Sideways movement, a period of rest, before the breakout.
• Price of the asset traveling between two converging trendlines.
• Breakout ¾ of the way to the apex.
Set Your Target Price:
As with all patterns, knowing when to get out is as important as knowing when to get in. Your target price is the safest time to sell, even if it looks like the trend may be continuing. For symmetrical triangles, sell your stock at a target price of:
• Entry price plus the pattern’s height for an upward breakout.
• Entry price minus the pattern’s height for a downward breakout.
Stock Chart Pattern - Rising and Falling Triangle - Technical Analysis
Tags:
Investment Tips
When you notice a stock has a series of increasing troughs and the price is unable to break through a price barrier, chances are you are witnessing the birth of an Rising triangle pattern.
Confirm your Rising triangle pattern by drawing a horizontal line tracing the upper price barrier and a diagonal line tracing the series of Rising troughs.
The Falling triangle is the bearish counterpart to the Rising triangle.
Confirm your Falling triangle by drawing a horizontal line tracing the lower price barrier and a diagonal line tracing the series of Falling troughs.
The Rising and Falling patterns indicate a stock is increasing or decreasing in demand. The stock meets a level of support or resistance (the horizontal trendline) several times before breaking out and continuing in the direction of the developing up or down pattern.
How to Profit from Rising and Falling Triangles
Rising and Falling triangles are short-term investor favorites, because the trends allow short-term traders to earn from the same sharp price increase that long-term investors have been waiting for. Rather than holding on to a stock for months or years before you finally see a big payday, you can buy and hold for only a period of days and reap in the same monster returns as the long-time stock owners. When you learn to identify Rising and Falling triangles, you can profit from upwards or downwards breakouts. That way, you’ll earn a healthy profit regardless of where the market is going.
Watch For:
• An Rising or Falling pattern forming over three to four weeks.
Set Your Target Price:
For Rising and Falling triangles, sell your stock at a target price of:
• Entry price plus the pattern’s height for an upward breakout.
• Entry price minus the pattern’s height for a downward breakout.
Confirm your Rising triangle pattern by drawing a horizontal line tracing the upper price barrier and a diagonal line tracing the series of Rising troughs.
Confirm your Falling triangle by drawing a horizontal line tracing the lower price barrier and a diagonal line tracing the series of Falling troughs.
The Rising and Falling patterns indicate a stock is increasing or decreasing in demand. The stock meets a level of support or resistance (the horizontal trendline) several times before breaking out and continuing in the direction of the developing up or down pattern.
How to Profit from Rising and Falling Triangles
Rising and Falling triangles are short-term investor favorites, because the trends allow short-term traders to earn from the same sharp price increase that long-term investors have been waiting for. Rather than holding on to a stock for months or years before you finally see a big payday, you can buy and hold for only a period of days and reap in the same monster returns as the long-time stock owners. When you learn to identify Rising and Falling triangles, you can profit from upwards or downwards breakouts. That way, you’ll earn a healthy profit regardless of where the market is going.
Watch For:
• An Rising or Falling pattern forming over three to four weeks.
Set Your Target Price:
For Rising and Falling triangles, sell your stock at a target price of:
• Entry price plus the pattern’s height for an upward breakout.
• Entry price minus the pattern’s height for a downward breakout.
World Stock Indexes Table
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Indexes
World Stock Markets and Indices
* Click to compare world stock indexes. | |||||
| ASX200 | CAC | DAX | DJIA | FTSE 100 | NASDAQ |
| BSE30 | ASX200 | DJIA | FTSE 100 | Hang Seng | Shanghai |
| CAC40 | BSE30 | DJIA | Hang Seng | Nikkei225 | SMI |
| DAX30 | BSE30 | CAC | FTSE 100 | Hang Seng | SMI |
| DJIA | DAX | NASDAQ | FTSE 100 | Nikkei225 | SMI |
| FTSE 100 | CAC | Hang Seng | Nikkei225 | Shanghai | SMI |
| Hang Seng | ASX200 | DJIA | NASDAQ | Nikkei225 | Shanghai |
| NASDAQ | BSE30 | CAC | DAX | FTSE 100 | Nikkei225 |
| Nikkei225 | ASX200 | BSE30 | DAX | Shanghai | SMI |
| Shanghai | ASX200 | CAC | DAX | DJIA | NASDAQ |
| SMI | ASX200 | BSE30 | Hang Seng | NASDAQ | Shanghai |
Bull Stocks - Bombay Stock Exchange - BSE30
Indian Bull Stocks for Best Gains from Best Analysis
Based on Fundamental Analysis
Name - Jaiprakash Associates
Price Zones - 62(SL) - 77(TP)
From - March 10, 2009
To - March 31, 2009
Based on Technical Analysis
Name - Reliance
Price Zones - 1050(SL) - 1275(TP)
From - March 10, 2009
To - March 31, 2009
Based on Experts Views
Name - Reliance Infra
Price Zones - 425(SL) - 490(TP)
From - March 10, 2009
To - March 31, 2009
Based on Websites
Name - Sterlite Industries
Price Zones - 220(SL) - 275(TP)
From - March 10, 2009
To - March 31, 2009
Based on Share Holdings
Name - ONGC
Price Zones - 630(SL) - 710(TP)
From - March 10, 2009
To - March 31, 2009
Based on Numerology
Name - Sun Pharma
Price Zones - 920(SL) - 1110(TP)
From - March 10, 2009
To - March 31, 2009
Bull Stocks - NASDAQ 100
NASDAQ Bull Stocks for Best Gains from Best Analysis
Based on Fundamental Analysis
Name - Akamai Technologies
Price Zones - 13.75(SL) - 25(TP)
From - March 10, 2009
To - April 30, 2009
Based on Technical Analysis
Name - Wynn Resorts, Limited
Price Zones - 14(SL) - 19(TP)
From - March 10, 2009
To - May 30, 2009
Based on Experts Views
Name - Genzyme Corporation
Price Zones - 45(SL) - 62(TP)
From - March 10, 2009
To - March 31, 2009
Based on Websites
Name - Google Inc.
Price Zones - 275(SL) - 363(TP)
From - March 10, 2009
To - April 30, 2009
Based on Share Holdings
Name - Baidu.com, Inc
Price Zones - 137(SL) - 180(TP)
From - March 10, 2009
To - May 30, 2009
Based on Numerology
Name - Cadence Design Systems
Price Zones - 2.6(SL) - 5.4(TP)
From - March 10, 2009
To - April 30, 2009
Bull Stocks - London Stock Exchange - FTSE 100
FTSE Bull Stocks for Best Gains from Best Analysis
Based on Fundamental Analysis
Name - Carnival
Price Zones - 1184(SL) - 1520(TP)
From - March 10, 2009
To - April 30, 2009
Based on Technical Analysis
Name - Cobham
Price Zones - 160(SL) - 212(TP)
From - March 10, 2009
To - May 30, 2009
Based on Experts Views
Name - Morrison Supermarkets
Price Zones - 218(SL) - 270(TP)
From - March 10, 2009
To - March 31, 2009
Based on Websites
Name - Vodafone Group
Price Zones - 105(SL) - 135(TP)
From - March 10, 2009
To - April 30, 2009
Based on Share Holdings
Name - Sage Group
Price Zones - 150(SL) - 185(TP)
From - March 10, 2009
To - May 30, 2009
Based on Numerology
Name - Royal Bank of Scotland
Price Zones - 16(SL) - 24(TP)
From - March 10, 2009
To - April 30, 2009
Bear Stocks - London Stock Exchange - FTSE 100
FTSE Bear Stocks for Best Gains from Best Analysis
Based on Fundamental Analysis
Name - Astrazeneca
Price Zones - 2220(SL) - 1744(TP)
From - March 10, 2009
To - April 15, 2009
Based on Technical Analysis
Name - XStrata
Price Zones - 352(SL) - 260(TP)
From - March 10, 2009
To - May 10, 2009
Based on Experts Views
Name - Imperial Tobacco
Price Zones - 1784(SL) - 1310(TP)
From - March 10, 2009
To - March 31, 2009
Based on Websites
Name - Aviva
Price Zones - 210(SL) - 163(TP)
From - March 10, 2009
To - April 30, 2009
Based on Share Holdings
Name - Rexam
Price Zones - 235(SL) - 186(TP)
From - March 10, 2009
To - May 30, 2009
Based on Numerology
Name - Brit Amer Tobacco
Price Zones - 1858(SL) - 1480(TP)
From - March 10, 2009
To - April 30, 2009
Bull Stocks - Frankfurt Stock Exchange - DAX30
Frankfurt DAX Bull Stocks for Best Gains from Best Analysis
Based on Fundamental Analysis
Name - Infineon Technologies
Price Zones - 0.35(SL) - 0.49(TP)
From - March 10, 2009
To - April 20, 2009
Based on Technical Analysis
Name - Linde
Price Zones - 48(SL) - 64(TP)
From - March 10, 2009
To - May 10, 2009
Based on Experts Views
Name - DEUTSCHE POSTBANK
Price Zones - 7.1(SL) - 11(TP)
From - March 10, 2009
To - March 31, 2009
Based on Websites
Name - Henkel
Price Zones - 15.50(SL) - 23.5(TP)
From - March 10, 2009
To - May 06, 2009
Based on Share Holdings
Name - Daimler
Price Zones - 16.7(SL) - 23.5(TP)
From - March 10, 2009
To - May 16, 2009
Based on Numerology
Name - Adidas
Price Zones - 21.9(SL) - 32(TP)
From - March 10, 2009
To - May 20, 2009
Bear Stocks - Frankfurt Stock Exchange - DAX30
Frankfurt DAX Bear Stocks for Best Gains from Best Analysis
Based on Fundamental Analysis
Name - Volkswagen
Price Zones - 230(SL) - 178(TP)
From - March 10, 2009
To - April 15, 2009
Based on Technical Analysis
Name - Muench Rueckvers
Price Zones - 92(SL) - 67(TP)
From - March 10, 2009
To - May 15, 2009
Based on Experts Views
Name - Allianz
Price Zones - 55(SL) - 40(TP)
From - March 10, 2009
To - April 10, 2009
Based on Websites
Name - Siemens
Price Zones - 46(SL) - 30(TP)
From - March 10, 2009
To - May 06, 2009
Based on Share Holdings
Name - Man
Price Zones - 35(SL) - 25(TP)
From - March 10, 2009
To - May 16, 2009
Based on Numerology
Name - Metro
Price Zones - 25(SL) - 17(TP)
From - March 10, 2009
To - April 25, 2009
Bull Stocks - Paris Stock Exchange - CAC40
Paris CAC Bull Stocks for Best Gains from Best Analysis
Based on Fundamental Analysis
Name - PPR
Price Zones - 43(SL) - 60(TP)
From - March 10, 2009
To - March 31, 2009
Based on Technical Analysis
Name - Air Liquide
Price Zones - 50.5(SL) - 73.75(TP)
From - March 10, 2009
To - April 30, 2009
Based on Experts Views
Name - Alcatel Lucent
Price Zones - 0.79(SL) - 1.25(TP)
From - March 10, 2009
To - May 31, 2009
Based on Websites
Name - Alstom
Price Zones - 33.15(SL) - 47(TP)
From - March 10, 2009
To - April 15, 2009
Based on Share Holdings
Name - Air France - KLM
Price Zones - 5.5(SL) - 8.5(TP)
From - March 10, 2009
To - March 31, 2009
Based on Numerology
Name - France Telecom
Price Zones - 14.25(SL) - 22.89(TP)
From - March 10, 2009
To - April 16, 2009
Bear Stocks - Paris Stock Exchange - CAC40
Paris CAC Bear Stocks for Best Gains from Best Analysis
Based on Fundamental Analysis
Name - Vallourec
Price Zones - 62.25(SL) - 42.75(TP)
From - March 10, 2009
To - April 16, 2009
Based on Technical Analysis
Name - STE Generale
Price Zones - 22.5(SL) - 15(TP)
From - March 10, 2009
To - April 20, 2009
Based on Experts Views
Name - Sanofi Aventis
Price Zones - 44(SL) - 31(TP)
From - March 10, 2009
To - May 31, 2009
Based on Websites
Name - L'oreal
Price Zones - 51(SL) - 35(TP)
From - March 10, 2009
To - May 15, 2009
Based on Share Holdings
Name - Danone
Price Zones - 42.82(SL) - 37(TP)
From - March 10, 2009
To - May 15, 2009
Based on Numerology
Name - STMicroelectronics
Price Zones - 4.3(4.3SL) - 2.55(TP)
From - March 10, 2009
To - May20, 2009
Bull Stocks - Tokyo Stock Exchange - NIKKEI 225
Nikkei Bull Stocks for Best Gains from Best Analysis
Based on Fundamental Analysis
Name -
Price Zones - 1184(SL) - 1520(TP)
From - March 10, 2009
To - April 30, 2009
Based on Technical Analysis
Name -
Price Zones - 160(SL) - 212(TP)
From - March 10, 2009
To - May 30, 2009
Based on Experts Views
Name -
Price Zones - 218(SL) - 270(TP)
From - March 10, 2009
To - March 31, 2009
Based on Websites
Name -
Price Zones - 105(SL) - 135(TP)
From - March 10, 2009
To - April 30, 2009
Based on Share Holdings
Name -
Price Zones - 150(SL) - 185(TP)
From - March 10, 2009
To - May 30, 2009
Based on Numerology
Name -
Price Zones - 16(SL) - 24(TP)
From - March 10, 2009
To - April 30, 2009
Bear Stocks - Tokyo Stock Exchange - NIKKEI 225
Nikkei 225 Bear Stocks for Best Gains from Best Analysis
Based on Fundamental Analysis
Name -
Price Zones - 1184(SL) - 1520(TP)
From - March 10, 2009
To - April 30, 2009
Based on Technical Analysis
Name -
Price Zones - 160(SL) - 212(TP)
From - March 10, 2009
To - May 30, 2009
Based on Experts Views
Name -
Price Zones - 218(SL) - 270(TP)
From - March 10, 2009
To - March 31, 2009
Based on Websites
Name -
Price Zones - 105(SL) - 135(TP)
From - March 10, 2009
To - April 30, 2009
Based on Share Holdings
Name -
Price Zones - 150(SL) - 185(TP)
From - March 10, 2009
To - May 30, 2009
Based on Numerology
Name -
Price Zones - 16(SL) - 24(TP)
From - March 10, 2009
To - April 30, 2009
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