Chart pattern
MCY chart pattern — Mercury General
1 formation detected on the latest close (Nov 06, 2026).
Double Top · Weekly candles
Bearish▼ Broken down
Last close$82.61
Break dateNov 06, 2026
Break level$96.68
Bars since break0
Break volume1.9x avg ✓
Measured target$81.36 (-1.5%)
Pattern spanAug 07, 2026 → 13 bars
Touches3
Fit score78/100
Two failed attempts at the same high, separated by a dip — the classic M. Trigger: A close below the neckline — the low between the two peaks. Until that happens it is just a pullback. Invalidation: A close above the twin peaks, which turns the whole thing into a base rather than a top.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.