Chart pattern
NWS chart pattern — News Corp (Class B)
2 formations detected on the latest close (Nov 06, 2026).
Triple Top · Daily candles
Bearish▼ Broken down
Last close$28.96
Break dateNov 05, 2026
Break level$31.88
Bars since break1
Break volume2.3x avg ✓
Measured target$29.30 (+1.2%)
Pattern spanSep 14, 2026 → 39 bars
Touches5
Fit score103/100
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.
Descending Channel · Weekly candles
BearishForming
Last close$28.96
Trigger$28.79 (-0.6%)
Upper boundary$33.79
Lower boundary$28.79
Pattern spanAug 07, 2026 → 13 bars
Touches5
Fit score63/100
A steady downtrend held between two parallel falling lines. Trigger: A close above the upper rail is the first real sign the downtrend is ending. A close below the lower rail is capitulation. Invalidation: A sustained close above the upper rail.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.