This post focuses on customizable factory scans associated with Bullish Pennant 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 Pennant classical chart patterns
Tags: Bullish Pennant pattern; Confirmed bullish pennant 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 Pennant 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 Pennant and the date when the pattern was triggered.
Confirmed Bullish Pennant classical chart patterns
The following scan specifically identifies confirmed Bullish Pennant 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 Pennant 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.