Chart pattern
PAG chart pattern — Penske Automotive
2 formations detected on the latest close (Nov 06, 2026).
Head and Shoulders · Daily candles
BearishForming
Last close$212.36
Trigger$191.96 (-9.6%)
Pattern spanJul 16, 2026 → 80 bars
Touches5
Fit score90/100
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.
Descending Triangle · Weekly candles
BearishForming
Last close$212.36
Trigger$192.00 (-9.6%)
Upper boundary$213.84
Lower boundary$192.00
Pattern spanJul 24, 2026 → 15 bars
Touches4
Fit score72/100
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.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.