“Bullish Flag” Classical Chart Pattern Stock Screener

The Bullish Flag is a bullish continuation chart pattern in technical analysis; it forms after a strong price move (flagpole), characterized by a rectangular consolidation (flag) that slopes against the prevailing trend, followed by a breakout in the direction of the initial move, indicating a potential continuation of the uptrend

1–2 minutes


This post focuses on customizable factory scans associated with Bullish Flag 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 Bullish Flag classical chart patterns

Tags: Bullish Flag pattern; Confirmed bullish flag pattern

List symbols where pattern is Bullish Flag Pennant

Add Column Bullish Flag Pennant Status as Status
Add Column Bullish Flag Pennant Target as Target
Add Column Bullish Flag Pennant Date as Date

Apply to NSE

Plot

This scan identifies NSE symbols that have recently formed a Bullish Flag pattern.

The scan output report includes the current status of each pattern, indicating whether it is confirmed, unconfirmed, or if the target has already been achieved.

Additionally, the report shows the target level of the Bullish Flag and the date when the pattern was triggered.



Confirmed Bullish Flag classical chart patterns

The following scan specifically identifies confirmed Bullish Flag patterns.

List symbols where pattern is Bullish Flag Pennant
and FLAGPENNANTBULLSTATUS = Confirmed

Add Column FLAGPENNANTBULLSTATUS as Status
Add Column FLAGPENNANTBULLTARGET as Target
Add Column FLAGPENNANTBULLDT as Date

Apply to NSE

Plot

For insights into the Bullish Flag 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.

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