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


  • Set up pattern search criteria
  • Receive patterns in your feed
  • Bookmark patterns to track their status
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$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
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$30/month afterwards

Rectangle Top

The Rectangle Top pattern forms when the price of a security is stuck in a range bound motion. Two horizontal lines (top: 1, 3, 5) and (bottom: 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 uptrend 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 line (from top to bottom) and add it from 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.

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Real Time Feed

Rectangle Top (Bullish)

NEWT Newtek Business Services Corp

Stock

ODDS FOR THIS TICKER: 90%
EMERGED CONFIRM CONFIDENCE DISTANCE
Aug 10 Aug 11 90% 14%
Rectangle Top (Bullish)

NOK Nokia Corp

Stock

ODDS FOR THIS TICKER: 43%
EMERGED CONFIRM CONFIDENCE DISTANCE
Aug 2 Aug 3 89% 8%
Rectangle Top (Bullish)

FXNC First National Corp

Stock

ODDS FOR THIS TICKER: 90%
EMERGED CONFIRM CONFIDENCE DISTANCE
Jul 13 Aug 2 90% 43%
Rectangle Top (Bullish)

GDYN Grid Dynamics Holdings

Stock

ODDS FOR THIS TICKER: 63%
EMERGED CONFIRM CONFIDENCE DISTANCE
Aug 13 NOT ConfirmedOnED 84% 26%
Rectangle Top (Bullish)

ENR Energizer Holdings

Stock

ODDS FOR THIS TICKER: 73%
EMERGED CONFIRM CONFIDENCE DISTANCE
Aug 24 NOT ConfirmedOnED 60% 3%