London
On the weekly chart, NasdaqScan last detected a sideways range retest in LSE~VDEM in the week of 15 May 2022.
Since 2018, NasdaqScan has found 4 sideways ranges in LSE~VDEM. Completed ranges lasted 674 days on average, from 532 to 777 days. Of those 4, 3 broke upward and 1 broke downward.
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 | 22 Feb 2026 (532 days) | Broke above the range at $82.21 | — | |
| 21 Aug 2022 | 12 May 2024 (630 days) | Broke above the range at $61.36 | — | |
| 27 Sept 2020 | 23 Oct 2022 (756 days) | Broke below the range at $46.80 | 15 May 2022 (Go ahead) | |
| 30 Dec 2018 | 14 Feb 2021 (777 days) | Broke above the range at $77.62 | — |
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.