NYSE
On the weekly chart, PBI_pb has been moving sideways between $18.60 and $22.23 since 11 Aug 2024.
Since 2020, NasdaqScan has found 4 sideways ranges in PBI_pb. Completed ranges lasted 553 days on average, from 441 to 630 days. Of those 3, 2 broke upward and 1 broke downward. The current range is 20% wide from low to high. The latest retest signal NasdaqScan detected in PBI_pb was in the week of 18 Dec 2022, below the earlier $19.21 – $25.32 range.
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) |
|---|---|---|---|---|
| 11 Aug 2024 | Open | — | — | |
| 9 Jan 2022 | 1 Oct 2023 (630 days) | Broke below the range at $14.77 | 18 Dec 2022 (Go ahead) | |
| 9 Feb 2020 | 25 Apr 2021 (441 days) | Broke above the range at $25.30 | — | |
| 9 Feb 2020 | 19 Sept 2021 (588 days) | Broke above the range at $25.85 | — |
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.