NYSE
On the daily chart, IBMQ broke out below its sideways range between $24.71 and $26.37 (started 1 Mar 2022), its pullback failed, and NasdaqScan detected a retest of the low on 1 Nov 2022, 245 days after the range began.
The pattern: price breaks out below a sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. On this page NasdaqScan flags the daily candle (the trading day) that makes the retest.
DAILYDaily chart: each candle is one trading day.
Daily chart. The purple band is the sideways range of the latest signal; green triangles mark the trading days NasdaqScan detected a retest.
| Range | Started | Ended | How it ended | Retest signals (trading day) |
|---|---|---|---|---|
| 1 Mar 2022 | Open | — | 1 Nov 2022 (BO accepted) | |
| 18 Nov 2021 | 2 May 2022 (165 days) | Broke below the range at $24.71 | — |
All daily-chart retest signals →
All NYSE stocks with daily retest patterns →
All NYSE stocks with weekly 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.