NASDAQ
On the weekly chart, NasdaqScan last detected a sideways range retest in HYMC in the week of 8 Oct 2023.
Since 2018, NasdaqScan has found 3 sideways ranges in HYMC. Completed ranges lasted 1192 days on average, from 623 to 2107 days. Of those 3, 3 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) |
|---|---|---|---|---|
| 27 Feb 2022 | 23 Jun 2024 (847 days) | Broke below the range at $2.20 | 8 Oct 2023 (Go ahead) | |
| 14 Jun 2020 | 27 Feb 2022 (623 days) | Broke below the range at $2.84 | — | |
| 30 Dec 2018 | 6 Oct 2024 (2107 days) | Broke below the range at $2.74 | — |
All NASDAQ 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.