“Head & Shoulders” Classical Chart Pattern Stock Screener

The head & shoulders chart pattern is a popular technical analysis pattern that signals a potential trend reversal, and it consists of three peaks: a higher peak (head) between two lower peaks (shoulders), indicating a shift from a bullish trend to a bearish one or vice versa

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This post focuses on customizable factory scans associated with Head & Shoulders classical chart pattern. These factory scans can be edited, modified, or rewritten and then scanned using ChartAlert’s native stock screener or technical analysis scanner, namely the Basic Scanner and Advanced Scanner.

Display recent Head & Shoulders classical chart patterns


List symbols where pattern is Head & Shoulder

Add Column Head & Shoulder Status as Status
Add Column Head & Shoulder Target as Target
Add Column Head & Shoulder Date as Date

Apply to NSE


This scan identifies NSE symbols that recently formed a Head & Shoulders pattern.

The scan output report provides information on the pattern’s current status, indicating whether it is confirmed or unconfirmed, and if the target has been reached.

Additionally, the report includes details on the Head & Shoulders target level and the date when the pattern was triggered.

Confirmed Head & Shoulders classical chart patterns

This scan code specifically focuses on confirmed Head & Shoulders patterns.

List symbols where pattern is HeadShoulder
and HSStatus = Confirmed

Add Column HSStatus 
Add Column HSTarget
Add Column HSDt

Apply to NSE


For insights into the Head & Shoulders classical chart pattern, including the psychology underlying the pattern, and how to trade the pattern, as well as an exploration of its advantages and limitations as a tool, click here.