Chart pattern
PIPR chart pattern — Piper Sandler Companies
1 formation detected on the latest close (Nov 06, 2026).
Descending Channel · Weekly candles
BearishForming

Last close$65.92
Trigger$59.44 (-9.8%)
Upper boundary$72.84
Lower boundary$59.44
Pattern spanJul 31, 2026 → 14 bars
Touches8
Fit score101/100
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.