Chart pattern

AIT chart pattern — Applied Industrial Technologies

1 formation detected on the latest close (Nov 06, 2026).

Overview Technicals

Descending Channel · Weekly candles

BearishForming

Last close$283.39

Trigger$276.17 (-2.5%)

Upper boundary$335.71

Lower boundary$276.17

Pattern spanAug 14, 2026 → 12 bars

Touches6

Fit score75/100

A steady downtrend held between two parallel falling lines. Trigger: A close above the upper rail is the first real sign the downtrend is ending. A close below the lower rail is capitulation. Invalidation: A sustained close above the upper rail.

Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.