Chart pattern

UE chart pattern — Urban Edge Properties

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

Inverse Head and Shoulders · Daily candles

BullishForming
UE Inverse Head and Shoulders on daily chart
Last close$20.42
Trigger$21.48 (+5.2%)
Pattern spanAug 07, 2026 → 64 bars
Touches5
Fit score88/100

Three troughs with the middle one deepest — the classic bottoming pattern. Trigger: A close above the neckline, ideally on rising volume. Invalidation: A close below the right shoulder, and certainly below the head.

Descending Channel · Weekly candles

BearishForming
UE Descending Channel on weekly chart
Last close$20.42
Trigger$18.53 (-9.3%)
Upper boundary$21.50
Lower boundary$18.53
Pattern spanJun 18, 2026 → 20 bars
Touches4
Fit score66/100

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.