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Support this site! Clicking the links (below) takes you to Amazon.com. If you buy ANYTHING, they pay for the referral. My books...
Encyclopedia of Chart Patterns 2nd Edition book.
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.
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Bulkowski on Scoring Ascending Triangles
Class Elliott Wave Fundamentals Psychology Quiz Studies Setups Software Tutorials More...
Busted
Patterns		 Candles Chart
Patterns		 Event
Patterns		 Small Patterns
As of 12/07/2023
  Indus: 36,117 +62.95 +0.2%  
  Trans: 15,299 +69.26 +0.5%  
  Utils: 878 -1.01 -0.1%  
  Nasdaq: 14,340 +193.28 +1.4%  
  S&P 500: 4,586 +36.25 +0.8%  
YTD
 +9.0%  
 +14.2%  
-9.2%  
 +37.0%  
 +19.4%  
  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 12/07/2023
  Indus: 36,117 +62.95 +0.2%  
  Trans: 15,299 +69.26 +0.5%  
  Utils: 878 -1.01 -0.1%  
  Nasdaq: 14,340 +193.28 +1.4%  
  S&P 500: 4,586 +36.25 +0.8%  
YTD
 +9.0%  
 +14.2%  
-9.2%  
 +37.0%  
 +19.4%  
  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

Written by and 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 the registered trademarks of their respective owners.

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 ascending triangle chart patterns. Patterns with scores above 0 show gains averaging 50% (upward breakouts) or declines averages 23% (downward breakouts). Scores below 0 show gains of 21% and declines of 12%. High scores do not guarantee good performance, nor does a low score mean you found a stinker.

 

Scoring for Ascending 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 (up breakouts use value of top trendline; down breakouts use value where it pierces the lower, slanting trendline)?

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 downward. 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


Enter Symbol

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

-- Thomas Bulkowski

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See Also

Written by and 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 the registered trademarks of their respective owners. Anything is possible if you don't know what you're talking about.