|
|
|
Written by and copyright © 2005-2008 by Thomas N. Bulkowski. All rights reserved.
Volume trends up or down. I consider the trend, found using linear regression from the
start of the chart pattern
to the end, separate from the volume shape. Although volume may have a U, dome, or random
shape, volume may trend up or down. For more information consult the book
Encyclopedia of Chart Patterns, Second Edition
and the following...
|
|
|
|
|
|
|
Rising volume trend
The slope of the volume line
found using linear regression was upward. The following patterns performed better
with a rising volume trend from the start
of the chart pattern to the end. There are 30 chart pattern variations listed.
|
Chart Patterns in a bull market |
|
Big W, up breakouts |
|
Broadening bottoms, downward
breakouts |
|
Broadening formations, right-angled
and descending, up or down breakouts |
|
Broadening wedges, descending,
down breakouts |
|
Diamond bottom, up or down
breakouts |
|
Diamond top, up breakouts |
|
Head-and-shoulders bottoms,
complex |
|
Head-and-shoulders tops |
|
Head-and-shoulders tops, complex |
|
Horn bottoms |
|
Island reversals, up breakouts |
|
Pennants, up breakouts |
|
Rectangle bottoms, up or down breakouts |
|
Rectangle tops, down breakouts |
|
Rounding bottoms |
|
Scallops, ascending, up and down
breakouts |
|
Scallops, ascending and inverted |
|
Scallops, descending, up breakouts |
|
Three rising valleys |
|
Triangles, ascending, up breakouts |
|
Triangles, descending, up breakouts |
|
Triangles, symmetrical, down breakouts |
|
Triple bottoms |
|
Triple tops |
|
Wedges, falling, up breakouts |
|
Wedges, rising, up breakouts |
Falling volume trend
The slope of the volume line
found using linear regression was downward. The following patterns performed better
with a falling volume trend from the start
of the chart pattern to the end. There are 31 chart pattern variations listed.
|
Chart Patterns in a bull market |
|
Big W, down breakouts |
|
Broadening bottoms, upward
breakouts |
|
Broadening formations, right-angled
and ascending, up or down breakouts |
|
Broadening tops, up or down
breakouts |
|
Broadening wedges, descending,
up breakouts |
|
Cup with handle, inverted |
|
Double bottoms, Adam &
Adam |
|
Double bottoms, Adam &
Eve |
|
Double bottoms, Eve & Adam |
|
Double bottoms, Eve & Eve |
|
Double tops, Adam & Adam |
|
Double tops, Eve & Adam |
|
Flags, both up and down breakouts |
|
Flags, high and tight, both up and
down breakouts |
|
Head-and-shoulders bottoms |
|
Islands, long, up and down breakouts |
|
Pipe bottoms |
|
Pipe tops |
|
Rectangle tops, up breakouts |
|
Rounding tops, up breakouts |
|
Scallops, descending and inverted |
|
Triangles, ascending, down breakouts |
|
Triangles, descending, down breakouts |
|
Triangles, symmetrical, up breakouts |
|
Wedges, falling, down breakouts |
|
Wedges, rising, down breakouts |
No Performance Improvement
The following patterns show
no performance improvement when sorted by the volume trend. There are 15 chart
pattern variations listed.
|
Chart Patterns in a bull market |
|
Broadening wedges, ascending,
up or down breakouts |
|
Bum-and-run reversal bottoms |
|
Bum-and-run reversal tops |
|
Cup with handle |
|
Diamond top, down breakouts |
|
Double tops, Adam & Eve |
|
Double tops, Eve & Eve |
|
Horn tops |
|
Island reversals, down breakouts |
|
Pennants, down breakouts |
|
Rounding tops, down breakouts |
|
Scallops, descending, up or down
breakouts |
|
Three falling peaks |
|
|
|
. At no cost to you, they pay for the referral and that helps support this site. 
