Chart pattern

MTG chart pattern — MGIC Investment

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

Overview Technicals

Triple Bottom · Weekly candles

BullishForming

Last close$28.60

Trigger$31.89 (+11.5%)

Pattern spanMar 13, 2026 → 34 bars

Touches5

Fit score85/100

Three successful defences of the same low — a base with more proof behind it than a double bottom. Trigger: A close above the neckline drawn through the intervening highs. Invalidation: A close below the three lows. A floor that fails on the third test usually fails badly.

Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.