Chart pattern
MSEX chart pattern — Middlesex Water
2 formations detected on the latest close (Nov 06, 2026).
Inverse Head and Shoulders · Daily candles
Bullish▲ Broken out
Last close$59.87
Break dateOct 30, 2026
Break level$56.50
Bars since break5
Break volume1.2x avg
Measured target$62.65 (+4.6%)
Pattern spanAug 19, 2026 → 56 bars
Touches5
Fit score99/100
Three troughs with the middle one deepest — the classic bottoming pattern. Trigger: A close above the neckline, ideally on rising volume. Invalidation: A close below the right shoulder, and certainly below the head.
Triple Top · Weekly candles
BearishForming
Last close$59.87
Trigger$51.29 (-14.3%)
Pattern spanJul 10, 2026 → 17 bars
Touches5
Fit score83/100
Three failed attempts at the same high — heavier supply than a double top. Trigger: A close below the neckline drawn through the intervening lows. Invalidation: A close above the three peaks — a level tested three times and then cleared is a strong bullish signal.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.