IEX chart pattern — IDEX
2 formations detected on the latest close (Nov 06, 2026).
Rectangle / Trading Range · Daily candles
A flat ceiling and a flat floor — price simply oscillating between two well-defended prices. Trigger: A close outside the box. The taller and better-tested the box, the more the break matters. Invalidation: Price re-entering the box after the break, which turns the move into a false breakout.
Ascending Triangle · Weekly candles
A flat ceiling with a rising floor — buyers paying up into the same resistance until it gives way. Trigger: A daily close above the flat resistance line, ideally on volume well above its recent average. Invalidation: A close back below the rising support line. Once the floor breaks, the pattern is void — the rising lows were the whole argument.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.