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Consolidation

A period of sideways price movement, often in an increasingly narrow range (higher lows and lower highs) forming patterns like triangles and pennants. See also Congestion and Trading Range.

Articles related to Consolidation

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Stocks finished the week with few fireworks, as trading volumes grew lighter over the course of the day. Shares of McDonald's rallied back above their 200-day moving average for the first time since early February. (more)
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TradingMarkets 7 Stocks You Need to Know for Tuesday
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Stocks finished a fitful day moderately lower, as the largely sideways consolidation since mid-January continues to lengthen. Teva Pharmaceuticals is expected to announce quarterly earnings on Tuesday. (more)
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TradingMarkets 7 Stocks You Need to Know for Tuesday
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Selling in stocks accelerated after midday on the first trading day of the week, and remained lower going into the close. The Dow fell 59.42 points. (more)
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