London
On the weekly chart, LSE~HMCD has been moving sideways between $6.25 and $9.20 since 6 Apr 2025.
Since 2018, NasdaqScan has found 4 sideways ranges in LSE~HMCD. Completed ranges lasted 714 days on average, from 343 to 1190 days. Of those 3, 2 broke upward and 1 broke downward. The current range is 47% wide from low to high. The latest retest signal NasdaqScan detected in LSE~HMCD was in the week of 30 Jan 2022, below the earlier $8.69 – $11.28 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) |
|---|---|---|---|---|
| 6 Apr 2025 | Open | — | — | |
| 26 Jun 2022 | 28 Sept 2025 (1190 days) | Broke above the range at $9.20 | — | |
| 30 May 2021 | 8 May 2022 (343 days) | Broke below the range at $6.12 | 30 Jan 2022 (Go ahead) | |
| 30 Dec 2018 | 30 Aug 2020 (609 days) | Broke above the range at $10.43 | — |
All London stocks with retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.