Chart pattern

EG chart pattern — Everest

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

Rising Wedge · Daily candles

BearishForming
EG Rising Wedge on daily chart
Last close$411.11
Trigger$399.60 (-2.8%)
Upper boundary$432.53
Lower boundary$399.60
Pattern spanSep 18, 2026 → 35 bars
Touches6
Fit score84/100

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.