Chart pattern

CBT chart pattern — Cabot

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

Overview Technicals

Descending Channel · Weekly candles

BearishForming

Last close$71.05

Trigger$70.11 (-1.3%)

Upper boundary$83.60

Lower boundary$70.11

Pattern spanJun 26, 2026 → 19 bars

Touches6

Fit score80/100

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.