Bilateral pattern · neutral

Rectangle / Trading Range pattern: stocks showing it today

A flat ceiling and a flat floor — price simply oscillating between two well-defended prices.

Neutral9 stocks today

Example: WAB daily

Forming
WAB Rectangle / Trading Range pattern chart

Stocks with a rectangle / trading range

StockTFStateLastTriggerAwayTargetScore
WABWabtec Daily Forming $283.59 — — — 102
IEXIDEX Daily Forming $226.99 — — — 101
TDYTeledyne Technologies Weekly Forming $618.60 — — — 98
PFBCPreferred Bank Weekly Forming $102.89 — — — 91
LKFNLakeland Financial Weekly Forming $61.15 — — — 85
OKEOneok Weekly Forming $85.19 — — — 85
EGPEastGroup Properties Daily Forming $193.81 — — — 84
LGNDLigand Pharmaceuticals Weekly Forming $306.20 — — — 83
SOLVSolventum Weekly Forming $90.38 — — — 59

Frequently asked questions

How do you trade a rectangle pattern?

Two ways. Range traders buy the floor and sell the ceiling while the box holds. Breakout traders wait for a close outside it. Doing both at once is how people get chopped up.

How many touches make a valid trading range?

At least two clear touches of each boundary, and Flash Finance requires five or more touches in total before it will label a range at all — otherwise every sideways drift qualifies.

What happens after a rectangle breaks?

Old resistance often becomes support, and the first pullback to the broken boundary is where the pattern is usually traded.

Other formations