Which of the following is pattern that occurs during high volatility, when a security shows great movement with the direction?

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Quizplus · Accepted Answer

A broadening formation occurs during high volatility when a security shows great movement with no clear direction. It is characterized by higher highs and lower lows that alternate, creating a widening pattern on a chart. Bollinger bands can also be used to track volatility, but they indicate the upper and lower limits of a security's price range rather than the direction of movement. Relative strength index (RSI) and on balance volume (OBV) are technical analysis tools, but they do not specifically relate to high volatility with directional movement.

Which of the Following Is Pattern That Occurs During High