“Ascending Triangle” Classical Chart Pattern Stock Screener

The Ascending Triangle is a bullish chart pattern in technical analysis characterized by a horizontal resistance level and a rising trendline connecting higher lows; traders interpret this pattern as a potential continuation of an existing uptrend, anticipating a breakout above the resistance level

1–2 minutes


This post focuses on customizable factory scans associated with Ascending Triangle 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 Ascending Triangle classical chart patterns

Tags: Ascending triangle pattern; Confirmed ascending triangle pattern

List symbols where pattern is Ascending Triangle

Add Column Ascending Triangle Status as Status
Add Column Ascending Triangle Target as Target
Add Column Ascending Triangle Date as Date

Apply to NSE

Plot

This scan identifies NSE symbols that have recently formed an Ascending Triangle.

The output report shows the current status of the Ascending Triangle — whether it is confirmed, unconfirmed, or if the target has been achieved.

Additionally, it displays the target level and the date when the pattern was triggered.



Confirmed Ascending Triangle classical chart patterns

This scan specifically identifies confirmed Ascending Triangle patterns.

List symbols where pattern is Ascending Triangle
and Ascending Triangle Status = Confirmed

Add Column Ascending Triangle Status as Status
Add Column Ascending Triangle Target as Target
Add Column Ascending Triangle Date as Date

Apply to NSE

Plot

For insights into the Ascending Triangle 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.

Discover more from ChartAlert®

Subscribe now to keep reading and get access to the full archive.

Continue reading