As of 11/30/2023
  Indus: 35,951 +520.47 +1.5%  
  Trans: 15,019 +201.97 +1.4%  
  Utils: 867 +4.29 +0.5%  
  Nasdaq: 14,226 -32.27 -0.2%  
  S&P 500: 4,568 +17.22 +0.4%  
YTD
 +8.5%  
 +12.1%  
-10.4%  
 +35.9%  
 +19.0%  
  Targets    Overview: 11/29/2023  
  Down arrow34,500 or 36,400 by 12/15/2023
  Down arrow14,500 or 15,800 by 12/15/2023
  Up arrow900 or 825 by 12/15/2023
  Down arrow13,700 or 14,450 by 12/15/2023
  Down arrow4,450 or 4,650 by 12/15/2023
As of 11/30/2023
  Indus: 35,951 +520.47 +1.5%  
  Trans: 15,019 +201.97 +1.4%  
  Utils: 867 +4.29 +0.5%  
  Nasdaq: 14,226 -32.27 -0.2%  
  S&P 500: 4,568 +17.22 +0.4%  
YTD
 +8.5%  
 +12.1%  
-10.4%  
 +35.9%  
 +19.0%  
  Targets    Overview: 11/29/2023  
  Down arrow34,500 or 36,400 by 12/15/2023
  Down arrow14,500 or 15,800 by 12/15/2023
  Up arrow900 or 825 by 12/15/2023
  Down arrow13,700 or 14,450 by 12/15/2023
  Down arrow4,450 or 4,650 by 12/15/2023

Bulkowski on Chart Pattern Failure

Table updated on 8/24/2020.

This is a list of chart patterns that shows the performance rank and failure rate rank. A chart pattern fails if price does not move more than 5% away from the breakout price before reversing trend. A rank of 1 (best) means the chart pattern has the fewest failures. For more information see the book Encyclopedia of Chart Patterns.

Quick link: Downward breakouts.

-- Thomas Bulkowski

Bull Market Chart Patterns, Upward Breakouts

Chart PatternPerformance
Rank
Failure
Rank
Rounding bottom71 (best)
Cup with handle32
Head-and-shoulders bottom, complex93
Rounding top24
Big W115
Bump-and-run reversal bottom1 (best)6
Scallop, inverted and ascending147
Three rising valleys68
V bottom extended249
Head-and-shoulders bottom1310
Scallop, ascending2011
Double bottom, Eve & Adam2012
Double bottom, Eve & Eve513
Double bottom, Adam & Eve1714
Diamond bottom2715
Triple bottom1216
Scallop, descending2917
Rectangle bottom818
Broadening formation, right-angled and ascending1818
Flag, high tight3018
Broadening wedge ascending2321
Wolfe wave, bull3421
Rectangle top423
Scallop, descending and inverted924
Broadening bottom1525
Double bottom, Adam & Adam2625
Triangles, ascending1627
Broadening wedge descending2728
Broadening top2229
V bottom2430
Wedge, rising3231
Broadening formation, right-angled and descending1932
Diamond top39 (worst)33
Triangles descending3334
Roof, inverted3735
Triangles Sym3636
Wedge, falling3137
Roof3537
Island bottom3839 (worst)
Chart PatternPerformance
Rank
Failure
Rank

This is list of chart patterns showing the performance and failure rate rank of each chart pattern by its average decline in a bull market. A performance rank of 1 means the chart pattern had the best post breakout performance. A failure rank of 1 means it has the fewest failures. See the Glossary for definitions.

For more information see the book Encyclopedia of Chart Patterns.

Quick link: Upward breakouts.

Bull Market Chart Patterns, Downward Breakouts

Chart PatternPerformance
Rank
Failure
Rank
Bump-and-run reversal top31 (best)
Big M82
V top extended23
Diamond top33
Diamond bottom1 (best)5
Scallop, descending and inverted106
Cup with handle inverted67
Scallop, descending128
Head-and-shoulders top, complex79
Head-and-shoulders top910
Double top, Eve & Eve1211
Rounding top312
Double top, Adam & Eve1013
Double top, Eve & Adam1614
Roof1615
Three falling peaks2116
Broadening formation, right-angled and descending1817
Triangles descending1518
Scallop, ascending2218
Rectangle bottom1420
Double top, Adam & Adam1921
Roof, inverted2622
Triple tops2423
Broadening bottom2324
Broadening top2825
Broadening formation, right-angled and ascending2526
V top2027
Wedge, falling2727
Wolfe wave, bear3529
Broadening wedge ascending3330
Island tops3131
Rectangle top3232
Broadening wedge descending2933
Triangles Sym3434
Triangles, ascending3035
Wedge, rising36 (worst)36 (worst)
Chart PatternPerformance
Rank
Failure
Rank

Quick link: Upward breakouts.

Top of page More

See Also

 

Support this site! Clicking any of the books (below) takes you to Amazon.com If you buy ANYTHING while there, they pay for the referral.
Legal notice for paid links: "As an Amazon Associate I earn from qualifying purchases."

My novels:  Remember Me book Bumper's Story book Head's Law book
My stock market books:  Chart Patterns: After the Buy Getting Started in Chart Patterns 2nd edition book Trading Basics book Fundamental Analysis and Position Trading book Swing and Day Trading book Encyclopedia of Chart Patterns 3rd Edition book

Copyright © 2005-2023 by Thomas N. Bulkowski. All rights reserved.
Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information.
Some pattern names are registered trademarks of their respective owners.
Home Advertise Contact Donate Privacy/Disclaimer

A transistor protected by a fast-acting fuse will protect the fuse by blowing first.Smiley