Chart pattern
GNTX chart pattern — Gentex
2 formations detected on the latest close (Nov 06, 2026).
Falling Wedge · Weekly candles
BullishForming
Last close$19.88
Trigger$21.74 (+9.3%)
Upper boundary$21.74
Lower boundary$19.58
Pattern spanJun 18, 2026 → 20 bars
Touches8
Fit score111/100
Price sliding lower inside two falling lines that are closing together — a decline losing its force. Trigger: A close above the falling upper boundary. Invalidation: A close below the lower boundary, which says the decline has reaccelerated rather than exhausted.
Descending Channel · Daily candles
BearishForming
Last close$19.88
Trigger$19.40 (-2.4%)
Upper boundary$21.31
Lower boundary$19.40
Pattern spanAug 19, 2026 → 56 bars
Touches8
Fit score105/100
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.