NewSignals and Chart patterns
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Two weekly highs within 3% of each other, 8 to 40 weeks apart, with a dip of at least 15% between them, then a weekly close below that dip's low within 12 weeks of the second high.
Chart pattern · weekly candles · Methodology
Other chart patterns: Bull flag · Bear flag · Base breakout · Double bottom · Double top · Weekly base breakout · Weekly double bottom. Every pattern's rule.
Patterns are detected mechanically on daily and weekly prices adjusted for splits and bonuses. Bullish and bearish are how traders traditionally read each pattern. This is information, not investment advice.
Weekly candles · 9 monthsShaded: the weeks it spans
First high at ₹1,615 week ending May 29
Dip to ₹1,312, 19% down. That low is the neckline week ending Jul 10
Second high at ₹1,600, within 1% of the first week ending Aug 14
A weekly close below the neckline at ₹1,254 completes the pattern week ending Nov 6
The rule. Two weekly highs within 3% of each other, 8 to 40 weeks apart, with a dip of at least 15% between them, then a weekly close below that dip's low within 12 weeks of the second high.
Weekly candles · 12 monthsShaded: the weeks it spans
First high at ₹38,030 week ending Feb 13
Dip to ₹28,730, 24% down. That low is the neckline week ending Apr 2
Second high at ₹37,300, within 2% of the first week ending Aug 14
A weekly close below the neckline at ₹27,570 completes the pattern week ending Nov 6
The rule. Two weekly highs within 3% of each other, 8 to 40 weeks apart, with a dip of at least 15% between them, then a weekly close below that dip's low within 12 weeks of the second high.
Weekly candles · 9 monthsShaded: the weeks it spans
The rule. Two weekly highs within 3% of each other, 8 to 40 weeks apart, with a dip of at least 15% between them, then a weekly close below that dip's low within 12 weeks of the second high.
Every recent weekly double top · SCHNEIDER ELECTRIC INFRA's patterns
Weekly candles · 8 monthsShaded: the weeks it spans
The rule. Two weekly highs within 3% of each other, 8 to 40 weeks apart, with a dip of at least 15% between them, then a weekly close below that dip's low within 12 weeks of the second high.
Every recent weekly double top · NETWEB TECHNOLOGIES INDIA's patterns
Weekly candles · 7 monthsShaded: the weeks it spans
The rule. Two weekly highs within 3% of each other, 8 to 40 weeks apart, with a dip of at least 15% between them, then a weekly close below that dip's low within 12 weeks of the second high.
Every recent weekly double top · GUJARAT NARMADA FER & CHEM's patterns
How to read this chart
KIRLOSKAR FERROUS INDUSTRIES L · KIRLFER · formed Nov 6
Weekly candles · 9 monthsShaded: the weeks it spans
The rule. Two weekly highs within 3% of each other, 8 to 40 weeks apart, with a dip of at least 15% between them, then a weekly close below that dip's low within 12 weeks of the second high.
Every recent weekly double top · KIRLOSKAR FERROUS INDUSTRIES L's patterns
Weekly candles · 7 monthsShaded: the weeks it spans
First high at ₹1,043 week ending Jul 3
Dip to ₹740, 29% down. That low is the neckline week ending Aug 14
Second high at ₹1,020, within 2% of the first week ending Oct 1
A weekly close below the neckline at ₹696 completes the pattern week ending Nov 6
The rule. Two weekly highs within 3% of each other, 8 to 40 weeks apart, with a dip of at least 15% between them, then a weekly close below that dip's low within 12 weeks of the second high.
Every recent weekly double top · SUPRIYA LIFESCIENCE's patterns
Weekly candles · 6 monthsShaded: the weeks it spans
First high at ₹334 week ending Jul 24
Dip to ₹272, 19% down. That low is the neckline week ending Oct 1
Second high at ₹325, within 3% of the first week ending Oct 16
A weekly close below the neckline at ₹266 completes the pattern week ending Nov 6
The rule. Two weekly highs within 3% of each other, 8 to 40 weeks apart, with a dip of at least 15% between them, then a weekly close below that dip's low within 12 weeks of the second high.
Every recent weekly double top · GREENPLY INDUSTRIES's patterns
Weekly candles · 9 monthsShaded: the weeks it spans
First high at ₹442 week ending May 8
Dip to ₹345, 22% down. That low is the neckline week ending Jun 12
Second high at ₹440, within 1% of the first week ending Sep 11
A weekly close below the neckline at ₹320 completes the pattern week ending Nov 6
The rule. Two weekly highs within 3% of each other, 8 to 40 weeks apart, with a dip of at least 15% between them, then a weekly close below that dip's low within 12 weeks of the second high.
Every recent weekly double top · MAMATA MACHINERY's patterns