Screener of Stock bullish rectangle bottom
AI Pattern Search Engine (PSE)


  • Set up pattern search criteria
  • Receive patterns in your feed
  • Bookmark patterns to track their status
14-day FREE trial subscription
Try for free
$30/month afterwards
How It Works

Trading patterns is one of the most sophisticated trading strategies. It exploits the psychology of market participants, and takes advantage of the knowledge of market insights.If you want to use AI to discover these hidden effects, then Tickeron’s Pattern Search Engine is the tool you need. Using PSE, AI will teach you to recognize patterns and entry and exit points.

Manual
Pattern Types and Stats
14-day FREE trial subscription
Try for free
$30/month afterwards

Rectangle Bottom

The Rectangle Bottom pattern forms when the price of a security is stuck in a range bound motion. Two horizontal lines (1, 3, 5) and (2, 4) form the pattern as the security bounces up and down between support and resistance levels. Depending on who gives up first ­ buyers or sellers ­ the price can breakout in either direction.

This pattern is commonly associated with directionless markets. Usually, the pattern performs better when there is a strong downtrend leading into the formation.

Trade Idea

If the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the breakout price level. To identify an exit, compute the target price level by adding the pattern height (which is the distance between the horizontal lines) to the breakout price.

To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.

Read more

Real Time Feed

Rectangle Bottom (Bullish)

PCSB PCSB Financial Corp

Stock

ODDS FOR THIS TICKER: 90%
EMERGED CONFIRM CONFIDENCE DISTANCE
Aug 16 Aug 24 77% 4%
Rectangle Bottom (Bullish)

CTRA Coterra Energy

Stock

ODDS FOR THIS TICKER: 90%
EMERGED CONFIRM CONFIDENCE DISTANCE
Aug 18 Aug 23 73% 1%
Rectangle Bottom (Bullish)

HTLFP Heartland Financial USA

Stock

ODDS FOR THIS TICKER: 50%
EMERGED CONFIRM CONFIDENCE DISTANCE
Jul 19 Jul 29 76% 22%
Rectangle Bottom (Bullish)

HTLFP Heartland Financial USA

Stock

ODDS FOR THIS TICKER: 50%
EMERGED CONFIRM CONFIDENCE DISTANCE
Jun 10 NOT ConfirmedOnED 82% 5%
Rectangle Bottom (Bullish)

SAFT Safety Insurance Group

Stock

ODDS FOR THIS TICKER: 63%
EMERGED CONFIRM CONFIDENCE DISTANCE
Jan 28 NOT ConfirmedOnED 78% 78%