London
On the weekly chart, LSE~IKSD broke out below its sideways range between $5.43 and $7.03 (started 28 Nov 2021), its pullback failed, and NasdaqScan detected a retest of the low in the week of 26 Feb 2023, 455 days after the range began.
Since 2019, NasdaqScan has found 2 sideways ranges in LSE~IKSD. The current range is 29% wide from low to high.
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.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| 28 Nov 2021 | Open | — | 26 Feb 2023 (Go ahead) | |
| 22 Dec 2019 | Open | — | — |
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.