Chart pattern

AWI chart pattern — Armstrong World Industries

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

Overview Technicals

Descending Channel · Weekly candles

BearishForming

Last close$171.23

Trigger$150.59 (-12.1%)

Upper boundary$178.47

Lower boundary$150.59

Pattern spanJul 31, 2026 → 14 bars

Touches7

Fit score87/100

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.