Chart pattern

UTL chart pattern — Unitil

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

Rising Wedge · Daily candles

BearishForming
UTL Rising Wedge on daily chart
Last close$56.38
Trigger$54.66 (-3.0%)
Upper boundary$58.38
Lower boundary$54.66
Pattern spanAug 19, 2026 → 56 bars
Touches6
Fit score82/100

Price grinding higher inside two rising lines that are closing together — an advance running out of air. Trigger: A close below the rising lower boundary. Invalidation: A decisive close above the upper boundary, which turns the wedge into an ordinary acceleration.

Double Bottom · Weekly candles

BullishForming
UTL Double Bottom on weekly chart
Last close$56.38
Trigger$57.26 (+1.6%)
Pattern spanJun 05, 2026 → 22 bars
Touches3
Fit score59/100

Two successful defences of the same low, separated by a rally — the classic W. Trigger: A close above the neckline — the high between the two lows. Invalidation: A close below the twin lows.

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