Chart pattern

CHDN chart pattern — Churchill Downs

2 formations detected on the latest close (Nov 06, 2026).

Inverse Head and Shoulders · Weekly candles

Bullish▲ Broken out
CHDN Inverse Head and Shoulders on weekly chart
Last close$97.94
Break dateNov 06, 2026
Break level$94.92
Bars since break0
Break volume1.2x avg
Measured target$116.72 (+19.2%)
Pattern spanAug 07, 2026 → 13 bars
Touches5
Fit score99/100

Three troughs with the middle one deepest — the classic bottoming pattern. Trigger: A close above the neckline, ideally on rising volume. Invalidation: A close below the right shoulder, and certainly below the head.

Cup and Handle · Daily candles

Bullish▲ Broken out
CHDN Cup and Handle on daily chart
Last close$97.94
Break dateOct 30, 2026
Break level$94.23
Bars since break5
Break volume1.6x avg ✓
Measured target$115.69 (+18.1%)
Pattern spanAug 24, 2026 → 53 bars
Touches4
Fit score93/100

A rounded base followed by a shallow drift — a long consolidation that resolves upward. Trigger: A close above the rim, which is the high on either side of the cup. Invalidation: A handle that retraces more than about a third of the cup, or a close below the handle's low.

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