Chart pattern

ALV chart pattern — Autoliv

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

Descending Channel · Weekly candles

BearishForming
ALV Descending Channel on weekly chart
Last close$123.47
Trigger$105.98 (-14.2%)
Upper boundary$128.71
Lower boundary$105.98
Pattern spanMay 01, 2026 → 27 bars
Touches8
Fit score101/100

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.