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Technical

Range

QUICK DEFINITION

Range in Elliott Wave Theory: The price area between a defined support and resistance level where price oscillates sideways. Ranges often correspond to corrective Wave 4 structures or B-wave consolidation periods.

What Range Means

The price area between a defined support and resistance level where price oscillates sideways. Ranges often correspond to corrective Wave 4 structures or B-wave consolidation periods.

Where You'll See It

Range appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the technical family of Elliott Wave concepts and shows up most often when analysts are applying technical analysis tools — RSI, MACD, moving averages — alongside the wave count.

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RELATED TERMS

Consolidation
A period where price moves sideways within a defined range. In Elliott Wave term...
Support
A price level where buying pressure tends to prevent further price declines. In ...
Resistance
A price level where selling pressure tends to prevent further price increases. I...
RallyAll TermsRegular Flat