Continuation pattern · bullish
Ascending Channel pattern: stocks showing it today
A steady uptrend held between two parallel rising lines.
Bullish50 stocks today
Example: MTD daily
Forming
Stocks with an ascending channel
| Stock | TF | State | Last | Trigger | Away | Target | Score |
|---|---|---|---|---|---|---|---|
| MTDMettler Toledo | Daily | Forming | $1,722.15 | $1,800.23 | +4.5% | — | 109 |
| ULTAUlta Beauty | Daily | Forming | $644.76 | $677.35 | +5.1% | — | 108 |
| CRBGCorebridge Financial | Weekly | Forming | $34.09 | $36.71 | +7.7% | — | 108 |
| EQHEquitable | Weekly | Forming | $52.66 | $57.01 | +8.3% | — | 108 |
| LQDTLiquidity Services | Weekly | Forming | $43.64 | $48.36 | +10.8% | — | 104 |
| ABBVAbbVie | Daily | Forming | $291.31 | $305.38 | +4.8% | — | 102 |
| BIIBBiogen | Weekly | Forming | $248.35 | $262.29 | +5.6% | — | 101 |
| LQDTLiquidity Services | Daily | Forming | $43.64 | $48.11 | +10.2% | — | 100 |
| WMGWarner Music | Weekly | Forming | $31.30 | $33.17 | +6.0% | — | 100 |
| TELTE Connectivity | Weekly | Forming | $207.01 | $231.18 | +11.7% | — | 99 |
| CORCencora | Daily | Forming | $333.56 | $365.93 | +9.7% | — | 99 |
| PKPark Hotels & Resorts | Weekly | Forming | $15.74 | $17.35 | +10.2% | — | 99 |
| DGXQuest Diagnostics | Weekly | Forming | $255.63 | $264.72 | +3.6% | — | 94 |
| AVYAvery Dennison | Weekly | Forming | $186.78 | $196.04 | +5.0% | — | 94 |
| ORLYO'Reilly Automotive | Daily | Forming | $89.89 | $94.50 | +5.1% | — | 92 |
| PSAPublic Storage | Weekly | Forming | $337.46 | $348.68 | +3.3% | — | 91 |
| RNRRenaissanceRe | Weekly | Forming | $347.35 | $367.29 | +5.7% | — | 91 |
| WFCWells Fargo | Weekly | Forming | $83.94 | $92.59 | +10.3% | — | 89 |
| KOCoca-Cola Company (The) | Weekly | Forming | $95.67 | $97.39 | +1.8% | — | 89 |
| EHCEncompass Health | Weekly | Forming | $137.54 | $143.36 | +4.2% | — | 88 |
| KRKroger | Weekly | Forming | $67.70 | $71.80 | +6.1% | — | 88 |
| EVRGEvergy | Weekly | Forming | $87.54 | $92.14 | +5.3% | — | 86 |
| SEICSEI Investments | Daily | Forming | $105.30 | $111.83 | +6.2% | — | 86 |
| VRSNVerisign | Weekly | Forming | $308.67 | $324.63 | +5.2% | — | 80 |
| EDConsolidated Edison | Weekly | Forming | $118.56 | $122.83 | +3.6% | — | 80 |
| KDPKeurig Dr Pepper | Daily | Forming | $36.63 | $38.07 | +3.9% | — | 78 |
| RSReliance | Weekly | Forming | $417.00 | $455.04 | +9.1% | — | 77 |
| EBCEastern Bankshares | Weekly | Forming | $22.84 | $24.92 | +9.1% | — | 76 |
| HAEHaemonetics | Weekly | Forming | $119.93 | $132.00 | +10.1% | — | 76 |
| FFBCFirst Financial Bancorp | Daily | Forming | $32.57 | $34.60 | +6.2% | — | 76 |
| COKECoca-Cola Consolidated | Weekly | Forming | $207.89 | $221.23 | +6.4% | — | 75 |
| RGAReinsurance Group of America | Daily | Forming | $261.90 | $278.55 | +6.4% | — | 74 |
| CNKCinemark Holdings | Weekly | Forming | $38.90 | $41.55 | +6.8% | — | 74 |
| TRSTTrustCo Bank Corp NY | Weekly | Forming | $57.30 | $61.61 | +7.5% | — | 74 |
| CPAYCorpay | Weekly | Forming | $455.16 | $486.69 | +6.9% | — | 72 |
| CATYCathay General Bancorp | Weekly | Forming | $64.22 | $69.96 | +8.9% | — | 71 |
| CBSHCommerce Bancshares | Weekly | Forming | $55.04 | $63.64 | +15.6% | — | 69 |
| FBPFirst BanCorp (Puerto Rico) | Weekly | Forming | $26.00 | $32.62 | +25.5% | — | 68 |
| OUTOutfront Media | Daily | Forming | $30.79 | $32.98 | +7.1% | — | 68 |
| APLEApple Hospitality REIT | Weekly | Forming | $18.88 | $19.75 | +4.6% | — | 67 |
| WSTWest Pharmaceutical Services | Weekly | Forming | $399.81 | $442.00 | +10.6% | — | 67 |
| RMDResMed | Weekly | Forming | $235.30 | $259.87 | +10.4% | — | 67 |
| SIGISelective Insurance | Weekly | Forming | $99.44 | $105.86 | +6.5% | — | 67 |
| GWWW. W. Grainger | Weekly | Forming | $1,440.70 | $1,521.41 | +5.6% | — | 67 |
| WRBW. R. Berkley | Weekly | Forming | $75.23 | $79.26 | +5.4% | — | 66 |
| PKGPackaging Corporation of America | Daily | Forming | $249.70 | $263.84 | +5.7% | — | 66 |
| CTASCintas | Weekly | Forming | $222.36 | $237.55 | +6.8% | — | 66 |
| DISWalt Disney Company (The) | Weekly | Forming | $116.75 | $120.80 | +3.5% | — | 66 |
| JXNJackson Financial | Weekly | Forming | $131.69 | $152.78 | +16.0% | — | 66 |
| THCTenet Health | Weekly | Forming | $283.33 | $301.44 | +6.4% | — | 66 |
Frequently asked questions
Is an ascending channel bullish?
Yes, while it holds. It is the picture of a healthy uptrend. The risk is buying near the upper rail, where reward to the next touch is smallest.
What is the difference between an ascending channel and a rising wedge?
Parallel versus converging boundaries. The channel is a trend in good health; the wedge is one running out of momentum. They point in opposite directions.
How do you trade an ascending channel?
Usually by buying pullbacks to the lower rail with a stop just below it, and trimming into the upper rail — not by chasing strength in the middle of the range.