Bulkowski on Scoring Head-and-Shoulders 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

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This page scores head-and-shoulders bottom chart patterns. Patterns with scores above 0 show gains averaging 48%. Scores below 0 show gains of 24%. High scores do not guarantee good performance, nor does a low score mean you found a stinker.

Scoring Head-and-Shoulders 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 neckline pierce price or right armpit high)? 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 Flat base: Does a flat base appear before the chart pattern? Yes No Horizontal consolidation region: Is overhead resistance in the way of price movement? Yes No Neckline slope: In what direction does the neckline slope? Up Horizontal Down Shoulders: Which shoulder valley is higher? Left Right The shoulder lows are even Shoulder volume: Is left shoulder volume above the right? Yes No Volume trend: 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 Throwbacks: Do you think a throwback will occur (usually answer Yes)? 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.

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. Good news! The sign you were born under will soon be repainted.