March 26, 2024 - ChartAlert®

“Symmetrical Triangle” Classical Chart Pattern Stock Screener

The Symmetrical Triangle is a common chart pattern in technical analysis formed by converging trendlines that connect a series of higher lows and lower highs; this pattern suggests a period of consolidation and indecision in the market, often leading to a breakout in either direction as price compression occurs

1–2 minutes

This post focuses on customizable factory scans associated with Symmetrical 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.