Chart pattern

WAB chart pattern — Wabtec

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

Rectangle / Trading Range · Daily candles

NeutralForming
WAB Rectangle / Trading Range on daily chart
Last close$283.59
Trigger—
Upper boundary$298.50
Lower boundary$271.19
Pattern spanSep 16, 2026 → 37 bars
Touches8
Fit score102/100

A flat ceiling and a flat floor — price simply oscillating between two well-defended prices. Trigger: A close outside the box. The taller and better-tested the box, the more the break matters. Invalidation: Price re-entering the box after the break, which turns the move into a false breakout.

Symmetrical Triangle · Weekly candles

NeutralForming
WAB Symmetrical Triangle on weekly chart
Last close$283.59
Trigger—
Upper boundary$297.36
Lower boundary$273.38
Pattern spanJul 10, 2026 → 17 bars
Touches4
Fit score72/100

Lower highs and higher lows squeezing into a point — a coiling market that has not chosen a side yet. Trigger: A close outside either boundary. The direction of the break is the signal — the pattern itself does not predict it. Invalidation: Price closing back inside the triangle after breaking out — a common trap in low-volume breaks.

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