Chart pattern

SKYW chart pattern — SkyWest

1 formation detected on the latest close (Nov 06, 2026).

Overview Technicals

Descending Channel · Weekly candles

BearishForming

Last close$79.38

Trigger$77.68 (-2.1%)

Upper boundary$95.84

Lower boundary$77.68

Pattern spanAug 07, 2026 → 13 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.