NYSE
On the weekly chart, NasdaqScan last detected a sideways range retest in NMR in the week of 12 Jun 2022.
Since 2019, NasdaqScan has found 3 sideways ranges in NMR. Completed ranges lasted 665 days on average, from 581 to 812 days. Of those 3, 2 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) |
|---|---|---|---|---|
| 22 Oct 2023 | 11 Jan 2026 (812 days) | Broke above the range at $9.47 | — | |
| 26 Sept 2021 | 30 Apr 2023 (581 days) | Broke below the range at $3.38 | 12 Jun 2022 (Go ahead) | |
| 28 Jul 2019 | 21 Mar 2021 (602 days) | Broke above the range at $6.72 | — |
All NYSE 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.