Chart pattern

ORI chart pattern — Old Republic International

2 formations detected on the latest close (Nov 06, 2026).

Descending Triangle · Weekly candles

BearishForming
ORI Descending Triangle on weekly chart
Last close$39.61
Trigger$37.20 (-6.1%)
Upper boundary$41.15
Lower boundary$37.20
Pattern spanJun 05, 2026 → 22 bars
Touches6
Fit score88/100

A flat floor with a falling ceiling — sellers accepting less each time until the support gives way. Trigger: A daily close below the flat support line, usually with a clear pickup in volume. Invalidation: A close back above the falling resistance line, which says the sequence of lower highs has ended.

Descending Channel · Daily candles

BearishForming
ORI Descending Channel on daily chart
Last close$39.61
Trigger$35.98 (-9.2%)
Upper boundary$41.09
Lower boundary$35.98
Pattern spanJul 23, 2026 → 75 bars
Touches6
Fit score80/100

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.