Chart pattern
ELS chart pattern — Equity Lifestyle Properties
1 formation detected on the latest close (Nov 06, 2026).
Descending Channel · Weekly candles
BearishForming
Last close$62.95
Trigger$55.94 (-11.1%)
Upper boundary$65.80
Lower boundary$55.94
Pattern spanMar 13, 2026 → 34 bars
Touches5
Fit score70/100
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.