Chart pattern

IBM chart pattern — IBM

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

Overview Technicals

Rising Wedge · Weekly candles

BearishForming

Last close$245.00

Trigger$226.22 (-7.7%)

Upper boundary$260.69

Lower boundary$226.22

Pattern spanJul 24, 2026 → 15 bars

Touches6

Fit score85/100

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.