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Thomas Bulkowski’s successful investment activities allowed him to retire at age 36. He is an internationally known author and trader with 30+ years of stock market experience and widely regarded as a leading expert on chart patterns. He may be reached at

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Picture of the Tears for Bumper.
Kindle
Nook
Picture of the head's law.
Kindle
Paperback
Nook
Chart Patterns: After the Buy
Getting Started in Chart Patterns, Second Edition book.
Trading Basics: Evolution of a Trader book.
Fundamental Analysis and Position Trading: Evolution of a Trader book.
Swing and Day Trading: Evolution of a Trader book.
Visual Guide to Chart Patterns book.
Encyclopedia of Chart Patterns 2nd Edition book.

Bulkowski's Scoring for Descending Triangles

Class Elliott Wave Fundamentals Psychology Quiz Research Setups Software Tutorials More...
Busted
Patterns
Candles Chart
Patterns
Event
Patterns
Small Patterns
Market
Industrials (^DJI):
Transports (^DJT):
Utilities (^DJU):
Nasdaq (^IXIC):
S&P500 (^GSPC):
As of 05/22/2017
20,895 89.99 0.4%
8,965 85.46 1.0%
709 5.94 0.8%
6,134 49.92 0.8%
2,394 12.29 0.5%
YTD
5.7%
-0.9%
7.5%
13.9%
6.9%
Tom's Targets    Overview: 05/15/2017
21,400 or 20,450 by 06/01/2017
9,500 or 8,700 by 06/01/2017
685 or 720 by 06/01/2017
6,350 or 6,000 by 06/01/2017
2,330 or 2,450 by 06/01/2017

Written by and copyright © 2005-2017 by Thomas N. Bulkowski. All rights reserved. Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information.

My book, Trading Classic Chart PatternsTrading Classic Chart Patterns book., pictured on the right, has additional details on this scoring system.

If you click on this link and then buy the book (or anything) at Amazon.com, the referral will help support this site. Thanks. -- Tom Bulkowski

$ $ $

This page scores descending triangle chart patterns. Patterns with scores above 0 show gains averaging 53% (upward breakouts) or declines averages 22% (downward breakouts). Scores below 0 show gains of 27% and declines of 12%. High scores do not guarantee good performance, nor does a low score mean you found a stinker.

 

Scoring for Descending Triangles

Please provide the following information:

What is the highest price in the chart pattern?

What is the lowest price in the chart pattern?

What is the highest price for the stock over the last 52 weeks?

What is the lowest price for the stock over the last 52 weeks?

How many shares of stock are outstanding?

What is the (anticipated) breakout price (downward breakouts use bottom trendline price, upward breakouts use trendline pierce price)?

What direction is the breakout?
Up Down

Trend start: How long is the price trend leading to the start of the chart pattern?
0-3 months 3-6 months Over 6 months

Horizontal consolidation region: Is overhead resistance (upward breakouts) or underlying support (downward breakouts) in the way of price movement?
Yes No

Volume trend: Is volume trending up or down in the chart pattern?
Up Down

Breakout volume: Skip if breakout is upward. Is breakout volume above the 30-day average? If no breakout yet, answer No.
Yes No

Throwbacks/Pullbacks: Do you think a throwback (upward breakouts) or pullback (downward breakout) will occur (usually answer Yes)?
Yes No

Gaps: Skip if breakout is downward. Did a gap occur on the breakout (if no breakout yet, answer No)?
Yes No

Market trend: Skip if breakout is upward. Is the general market trending up or down?
Up Down


-- Thomas Bulkowski

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Enter Symbol

Chart Quote
This loads yahoo!finance then use the Key Statistics link to find the 52-week high, low, and shares outstanding.

See Also

Written by and copyright © 2005-2017 by Thomas N. Bulkowski. All rights reserved. Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information. All hiking trails have more uphill sections than downhill ones.