Definition of flag

technical chart pattern resembling a flag shaped like a parallelogram with masts on either side, showing a consolidation within a trend. It results from price fluctuations within a narrow range, both preceded and followed by sharp rises or declines. If the flag-the consolidation period-is preceded by a rise, it will usually be followed by a rise; a fall will follow a fall.

1. notation placed on a hard copy or computer file record that marks it for special handling or indicates that some action has occurred, such as selection of the record for a mailing test panel.
2. title or logotype of a publication printed on the cover page, such as "M" for "the magazine of the civilized male."
3. graphic device used on package labels and other promotional pieces to highlight a brief message such as "30¢ off regular price." Also called pointer.