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Stocks Screener - Symmetric Triangle

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Weekly Pattern:Symmetric Triangle
Number of records: 18
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- 3/21/2025 -
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PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
AEP 105.10-0.47%52.8575.46 12 101 1 Uptrend Broken SupportAdd to Watch List
AKAM 81.040.38%44.2929.20 1 93 1 Downtrend Broken Resist.Add to Watch List
CHRW 99.951.60%44.4029.83 3 37 Add to Watch List
DG 83.665.87%71.8567.84 2 62 1 Downtrend Broken Resist.03/17/25	Bullish  Doji
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FAST 75.280.03%34.6044.26 3 51 03/18/25	Bearish  Advance Block
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ILMN 87.662.39%40.5213.96 7 83 03/21/25	Bullish  Long White Real Body
03/19/25	Bullish  Doji
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L 87.250.96%73.7169.23 8 97 3 Add to Watch List
LHX 208.00-1.47%39.5237.74 3 78 Downtrend Broken Resist.Add to Watch List
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Symmetric Triangle Chart Pattern Analysis - Symmetric Triangle Pattern.

A symmetric triangle pattern represents the area of indecision where the movement direction is questioned. Chart Pattern Analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of a larger trend, but it may also mark the trend reversal. Volume diminishes during the formation and explodes at the breakout. After breakout (similar to rectangle), support may turn into potential resistance and vice versa.
Tips:
# 1 As a continuation pattern, the symmetric triangle usually appears within a young trend characterized by neutral long-term indicators and overbought/oversold short-term indicators. The symmetric triangle resets short-term indicators to neutral and then continues movement in parent's direction.
# 2 As a reversal formation, the symmetric triangle chart pattern appears in a mature trend characterized by overbought/oversold long-term and short-term indicators. This situation usually generates divergence on long-term indicators. For the best results, the symmetric triangle pattern should be considered together with other chart pattern analysis, technical analysis signals and technical trading techniques.
Estimated Target: the main trend support/resistance line.
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