London
On the weekly chart, LSE~DMAT has been moving sideways between $10.15 and $14.06 since 8 Sept 2024.
Since 2023, NasdaqScan has found 2 sideways ranges in LSE~DMAT. The completed range lasted 595 days. It broke downward. The current range is 39% wide from low to high. The latest retest signal NasdaqScan detected in LSE~DMAT was in the week of 21 Jan 2024, below the earlier $14.19 – $18.08 range.
The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.
Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.
Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| 8 Sept 2024 | Open | — | — | |
| 22 Jan 2023 | 8 Sept 2024 (595 days) | Broke below the range at $10.15 | 21 Jan 2024 (Go ahead) |
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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.