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Freightcar America Inc (RAIL) – sideways & breakout history

NASDAQ

Freightcar America Inc has been moving sideways between $2.81 and $8.63 since 21 Nov 2021.

Since 2019, NasdaqScan has found 2 sideways ranges in RAIL. The completed range lasted 1036 days. It broke downward. The current range is 207% wide from low to high. NasdaqScan detected one breakout pattern in Freightcar America Inc, on 10 Sept 2023 after 924 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$2.81 – $8.6321 Nov 2021Still sideways—10 Sept 2023 (Go ahead)
$6.485 – $16.077 Apr 20196 Feb 2022 (1036 days)Broke below the range at $3.06—

Breakout patterns detected

  • 10 Sept 2023: breakout from a sideways range after 924 days (Go ahead)

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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.

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