Chart pattern

EBC chart pattern — Eastern Bankshares

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

Ascending Channel · Weekly candles

BullishForming
EBC Ascending Channel on weekly chart
Last close$22.84
Trigger$24.92 (+9.1%)
Upper boundary$24.92
Lower boundary$20.76
Pattern spanMar 20, 2026 → 33 bars
Touches6
Fit score76/100

A steady uptrend held between two parallel rising lines. Trigger: Inside the channel, the lower rail is the buy zone. A close below it warns the trend is breaking; a close above the upper rail is an acceleration. Invalidation: A sustained close below the lower rail.

Rising Wedge · Daily candles

BearishForming
EBC Rising Wedge on daily chart
Last close$22.84
Trigger$22.00 (-3.7%)
Upper boundary$23.81
Lower boundary$22.00
Pattern spanSep 03, 2026 → 45 bars
Touches4
Fit score73/100

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.