Chart pattern
GLPI chart pattern — Gaming and Leisure Properties
1 formation detected on the latest close (Nov 09, 2026).
Descending Triangle · Daily candles
BearishForming
Last close$39.44
Trigger$37.33 (-5.3%)
Upper boundary$40.02
Lower boundary$37.33
Pattern spanAug 24, 2026 → 54 bars
Touches5
Fit score73/100
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.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.