Chart pattern
CPK chart pattern — Chesapeake Utilities
2 formations detected on the latest close (Nov 06, 2026).
Triple Bottom · Weekly candles
BullishForming
Last close$140.28
Trigger$140.83 (+0.4%)
Pattern spanMar 27, 2026 → 32 bars
Touches5
Fit score85/100
Three successful defences of the same low — a base with more proof behind it than a double bottom. Trigger: A close above the neckline drawn through the intervening highs. Invalidation: A close below the three lows. A floor that fails on the third test usually fails badly.
Rising Wedge · Daily candles
BearishForming
Last close$140.28
Trigger$135.22 (-3.6%)
Upper boundary$145.67
Lower boundary$135.22
Pattern spanAug 20, 2026 → 55 bars
Touches4
Fit score74/100
Price grinding higher inside two rising lines that are closing together — an advance running out of air. Trigger: A close below the rising lower boundary. Invalidation: A decisive close above the upper boundary, which turns the wedge into an ordinary acceleration.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.