Chart pattern

TXNM chart pattern — TXNM Energy

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

Overview Technicals

Double Top · Daily candles

BearishForming

Last close$58.22

Trigger$55.64 (-4.4%)

Pattern spanMay 27, 2026 → 114 bars

Touches3

Fit score65/100

Two failed attempts at the same high, separated by a dip — the classic M. Trigger: A close below the neckline — the low between the two peaks. Until that happens it is just a pullback. Invalidation: A close above the twin peaks, which turns the whole thing into a base rather than a top.

Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.