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DAILY CHART

LSE~FGQI daily chart – Fidelity Global Quality Income ETF Inc sideways range & retest on the daily timeframe

London

You are looking at the daily chart. Each candle is one trading day, and every date on this page is a single trading day. NasdaqScan has no weekly-chart signal for this stock.

On the daily chart, LSE~FGQI broke out below its sideways range between $7.54 and $7.99 (started 7 Jul 2023), its pullback failed, and NasdaqScan detected a retest of the low on 1 Nov 2023, 117 days after the range began.

The pattern: price breaks out below a sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. On this page NasdaqScan flags the daily candle (the trading day) that makes the retest.

DAILYDaily chart: each candle is one trading day.

Daily chart. The purple band is the sideways range of the latest signal; green triangles mark the trading days NasdaqScan detected a retest.

Sideways ranges on the daily chart

RangeStartedEndedHow it endedRetest signals (trading day)
7 Jul 2023Open—1 Nov 2023 (BO accepted)
30 May 202227 Jul 2023 (423 days)Broke above the range at $7.99—
5 Jan 202217 Jun 2022 (163 days)Broke below the range at $6.66—

Retest signals on the daily chart

  • 1 Nov 2023 (daily candle): retest of the low after a breakout below a sideways range, 117 days after the range began (BO accepted)

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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.