“Rising Wedge” Classical Chart Pattern Stock Screener

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This post focuses on customizable factory scans associated with Rising Wedge classical chart pattern. These factory scans can be edited, modified, or rewritten and then scanned using ChartAlert’s native stock screener or technical analysis scanner, namely the Basic Scanner and Advanced Scanner.

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Display recent Rising Wedge classical chart patterns

Tags: Rising wedge or rising diagonal pattern; Confirmed rising wedge or rising diagonal pattern

List symbols where pattern is Rising Wedge

Add Column Rising Wedge Status as Status
Add Column Rising Wedge Target as Target
Add Column Rising Wedge Date as Date

Apply to NSE

Plot

This scan identifies NSE symbols that have recently formed a Rising Wedge or rising diagonal pattern.

The output report includes the current status of each Rising Wedge, indicating whether it is confirmed, unconfirmed, or if the target has already been met.

Additionally, the report shows the target level for the Rising Wedge and the date when the pattern was triggered.

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Confirmed Rising Wedge classical chart patterns

The following scan specifically identifies confirmed Rising Wedge or rising diagonal patterns.

List symbols where pattern is WedgeRising
and WedgeRiseStatus = Confirmed

Add Column WedgeRiseStatus as Status
Add Column WedgeRiseTarget as Target
Add Column WedgeRiseDt as Date

Apply to NSE

Plot

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For insights into the Rising Wedge classical chart pattern, including the psychology underlying the pattern, and how to trade the pattern, as well as an exploration of its advantages and limitations as a tool, click here.