Chart pattern
NEU chart pattern — NewMarket
1 formation detected on the latest close (Nov 06, 2026).
Head and Shoulders · Weekly candles
Bearish▼ Broken down
Last close$694.31
Break dateNov 06, 2026
Break level$769.42
Bars since break0
Break volume1.5x avg
Measured target$557.18 (-19.8%)
Pattern spanJul 31, 2026 → 14 bars
Touches5
Fit score100/100
Three peaks with the middle one highest — the best known topping pattern there is. Trigger: A close below the neckline. A right shoulder alone is not a signal. Invalidation: A close above the right shoulder before the neckline breaks, and above the head at any point.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.