Chart pattern
UFPI chart pattern — UFP Industries
1 formation detected on the latest close (Nov 06, 2026).
Descending Channel · Weekly candles
BearishForming
Last close$79.92
Trigger$71.81 (-10.1%)
Upper boundary$87.80
Lower boundary$71.81
Pattern spanJul 10, 2026 → 17 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.