Reversal pattern · bullish

Falling Wedge pattern: stocks showing it today

Price sliding lower inside two falling lines that are closing together — a decline losing its force.

Bullish40 stocks today

Example: GNTX weekly

Forming
GNTX Falling Wedge pattern chart

Stocks with a falling wedge

StockTFStateLastTriggerAwayTargetScore
GNTXGentex Weekly Forming $19.88 $21.74 +9.3% — 111
NXRTNexPoint Residential Trust Weekly Forming $16.26 $18.36 +12.9% — 109
SUISun Communities Weekly Forming $120.30 $123.61 +2.8% — 107
CHRWC.H. Robinson Weekly Forming $125.33 $141.10 +12.6% — 107
SNDRSchneider National Weekly Forming $27.81 $31.23 +12.3% — 106
LNCLincoln Financial Weekly Forming $40.05 $42.91 +7.1% — 106
BHFBrighthouse Financial Daily Forming $42.60 $44.54 +4.6% — 105
BHFBrighthouse Financial Weekly Forming $42.60 $46.77 +9.8% — 105
MUSAMurphy USA Weekly Forming $521.89 $543.69 +4.2% — 99
INGRIngredion Daily Forming $91.72 $99.99 +9.0% — 95
RBCRBC Bearings Weekly Forming $474.45 $505.64 +6.6% — 94
GSGoldman Sachs Weekly Forming $865.82 $941.38 +8.7% — 94
TAT&T Weekly Forming $21.63 $22.38 +3.5% — 93
CASHPathward Financial Weekly Forming $76.26 $81.33 +6.6% — 91
GLGlobe Life Weekly Forming $157.18 $170.26 +8.3% — 90
ARMKAramark Weekly Forming $52.54 $56.22 +7.0% — 89
DCIDonaldson Daily Forming $84.33 $86.62 +2.7% — 89
VCVisteon Weekly Forming $75.68 $85.83 +13.4% — 86
IRDMIridium Communications Daily Forming $44.04 $45.19 +2.6% — 85
TBBKThe Bancorp Weekly Forming $48.25 $52.05 +7.9% — 84
NLYAnnaly Capital Management Weekly Forming $18.75 $19.58 +4.4% — 83
BKUBankUnited Weekly Forming $44.02 $46.13 +4.8% — 83
LIILennox International Weekly Forming $341.97 $369.51 +8.1% — 82
PLDPrologis Weekly Forming $126.96 $132.60 +4.4% — 82
FRFirst Industrial Realty Trust Weekly Forming $53.76 $58.78 +9.3% — 82
IRDMIridium Communications Weekly Forming $44.04 $47.71 +8.3% — 81
CCitigroup Weekly Forming $119.05 $128.84 +8.2% — 81
MAAMid-America Apartment Communities Weekly Forming $118.93 $124.51 +4.7% — 74
ALLYAlly Financial Weekly Forming $38.17 $40.72 +6.7% — 73
BYDBoyd Gaming Weekly Forming $76.57 $78.99 +3.2% — 73
ADCAgree Realty Weekly Forming $69.87 $70.91 +1.5% — 72
AGOAssured Guaranty Weekly Forming $73.45 $74.22 +1.0% — 72
BOHBank of Hawaii Weekly Forming $69.64 $73.78 +5.9% — 72
NJRNew Jersey Resources Weekly Forming $54.34 $56.63 +4.2% — 72
PCARPaccar Weekly Forming $101.98 $110.72 +8.6% — 72
VNOVornado Realty Trust Weekly Forming $35.82 $36.72 +2.5% — 72
RUSHARush Enterprises Weekly Forming $44.20 $48.11 +8.8% — 72
RITMRithm Capital Weekly Forming $9.23 $9.70 +5.1% — 72
ANIPANI Pharmaceuticals Weekly Forming $67.41 $76.19 +13.0% — 71
BMRNBioMarin Pharmaceutical Weekly Forming $56.03 $60.19 +7.4% — 71

Frequently asked questions

Is a falling wedge bullish?

Yes, it is normally read as bullish — one of the few patterns that is bullish while price is still falling. The evidence is the narrowing range, which says sellers are losing their edge.

How is a falling wedge different from a descending channel?

The channel's lines are parallel and the decline is steady; the wedge's lines converge and the decline is decelerating. A channel is a trend, a wedge is a trend ending.

Does a falling wedge always break upward?

No. It breaks upward more often than not, which is why it is labelled bullish, but a falling wedge inside a severe downtrend can break down and keep going. Wait for the close above the upper line.

Other formations