Chart pattern
FBP chart pattern — First BanCorp (Puerto Rico)
2 formations detected on the latest close (Nov 06, 2026).
Descending Triangle · Daily candles
BearishForming
Last close$26.00
Trigger$25.87 (-0.5%)
Upper boundary$27.70
Lower boundary$25.87
Pattern spanSep 03, 2026 → 45 bars
Touches6
Fit score87/100
A flat floor with a falling ceiling — sellers accepting less each time until the support gives way. Trigger: A daily close below the flat support line, usually with a clear pickup in volume. Invalidation: A close back above the falling resistance line, which says the sequence of lower highs has ended.
Ascending Channel · Weekly candles
BullishForming
Last close$26.00
Trigger$32.62 (+25.5%)
Upper boundary$32.62
Lower boundary$25.87
Pattern spanFeb 06, 2026 → 39 bars
Touches4
Fit score68/100
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.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.