Bulkowski on Scoring Broadening Tops and Bottoms

Written by and copyright © 2005-2024 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 Patterns, 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 broadening tops and broadening bottoms chart patterns. Patterns with scores above 0 show gains averaging 38% (upward breakouts) or declines averages 23% (downward breakouts). Scores below 0 show gains of 21% and declines of 11%. High scores do not guarantee good performance, nor does a low score mean you found a stinker.

Scoring Broadening Tops and Bottoms

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 (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: Skip if breakout is downward. Is overhead resistance in the way of price movement? Yes No Volume trend: Skip if breakout is downward. Is volume trending up or down in the chart pattern? Up Down Breakout volume: Is breakout volume above the 30-day average? If no breakout yet, answer No. Yes No Partial rise or decline: Does the pattern show a partial rise or partial decline? Yes No Market trend: Is the general market trending up or down? Up Down -- Thomas Bulkowski   More

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

• This is the link for broadening tops.
• ...And broadening bottoms.
• Trading techniques quiz. Test your entry and exit skills by taking this quick test.
• How to pick stocks, part 1.
• Premature buying. Learn how to prevent buying too soon.
• Stocks that double. Discover what attributes they share.
• 10-baggers. Find 10-baggers using fundamental analysis.
• 3 tips to help you pick stocks.
• 12 tips for stock selection.

Written by and copyright © 2005-2024 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. Fertility is hereditary. If your parents didn't have children, neither will you.