Ascending Channel

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Dictionary Says

Definition of 'Ascending Channel'

An ascending channel is the price action contained between upward sloping parallel lines. Higher pivot highs and higher pivot lows are technical signals of an uptrend. Trendlines frame out the price channel by drawing the lower line on pivot lows, and the upper line is the channel line drawn on pivot highs. Price is not always perfectly contained but the channel lines show areas of support and resistance for price targets. A higher high above an ascending channel can signal continuation. A lower low below the low of an ascending channel can signal trend change.

Ascending Channel or Uptrend
Investopedia Says

Investopedia explains 'Ascending Channel'

Price channels show trend. A trader can trend trade in a channel or swing trade from support to resistance and back to support. In an uptrend, start with the lower trendline drawn on pivot lows and add a parallel channel line to complete the formation.
Search results for

'Ascending Channel '

  • Channeling: Charting A Path To Success

    http://www.investopedia.com/articles/trading/05/020905.asp
    ... Locate another subsequent high and low that follows one of the three following patterns
    (see table below): a. Ascending channel - higher high and higher low. ...

  • Trading Failed Breaks

    http://www.investopedia.com/articles/trading/06/FailedBreaks.asp
    ... 2006. Source: StockCharts.com. Figure 4. Notice that DRL breaks out from
    an ascending triangle/horizontal channel formation. This ...

  • Continuation Patterns: An Introduction

    http://www.investopedia.com/articles/technical/02/021102.asp
    ... Figure 2. Ascending Triangle. ... short in duration, lasting several bars, and do not
    contain price swings back and forth as a trading range or trend channel would. ...

  • The Utility Of Trendlines

    http://www.investopedia.com/articles/trading/06/trendlines.asp
    ... However, this method, known as a channel, goes beyond the scope of this ... A Path To
    Success.) To illustrate the concept of drawing an ascending trendline, we ...

  • Traders Showing An Appetite For Restaurant Stocks

    http://stocks.investopedia.com/stock-analysis/cotd/CMG20110330.aspx
    ... $39 level has been blocking all advances so far, resulting in an ascending triangle
    pattern ... Looking closer, YUM had been trading in a tighter channel within the ...

  • Technical Analysis: Chart Patterns | Investopedia

    http://www.investopedia.com/university/technical/techanalysis8.asp
    ... In an ascending triangle, the upper trendline is flat, while the bottom trendline
    is ... on the flag pattern, on the other hand, shows a channel pattern, with no ...

  • Technical Analysis: Conclusion | Investopedia

    http://www.investopedia.com/university/technical/techanalysis11.asp
    ... A channel, or channel lines, is the addition of two parallel trendlines that act
    as strong ... Variations of a triangle include ascending and descending triangles. ...

  • Support And Resistance Reversals

    http://www.investopedia.com/articles/trading/06/supportresistancereversal.asp
    ... For example, let's assume ABC stock has attempted to fall below an ascending trendline
    several times over the past few months, but although the price ...

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