“Bearish Pennant” Classical Chart Pattern Stock Screener

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This post focuses on customizable factory scans associated with Bearish 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.

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Display recent Bearish Pennant classical chart patterns

Tags: Bearish Pennant pattern; Confirmed bearish pennant pattern

List symbols where pattern is Bearish Flag Pennant

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

Apply to NSE

Plot

This scan identifies NSE symbols that have recently formed a Bearish Pennant pattern.

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

Additionally, it includes the target level for the Bearish Pennant and the date when the pattern was triggered.

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Confirmed Bearish Pennant classical chart patterns

The following scan identifies confirmed Bearish Pennant patterns.

List symbols where pattern is Bearish Flag Pennant
and FLAGPENNANTBEARSTATUS = Confirmed

Add Column FLAGPENNANTBEARSTATUS as Status
Add Column FLAGPENNANTBEARTARGET as Target
Add Column FLAGPENNANTBEARDT as Date

Apply to NSE

Plot

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For insights into the Bearish 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.