Chart pattern

WLY chart pattern — John Wiley & Sons

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

Ascending Triangle · Daily candles

BullishForming
WLY Ascending Triangle on daily chart
Last close$50.23
Trigger$54.16 (+7.8%)
Upper boundary$54.16
Lower boundary$49.74
Pattern spanSep 25, 2026 → 30 bars
Touches5
Fit score78/100

A flat ceiling with a rising floor — buyers paying up into the same resistance until it gives way. Trigger: A daily close above the flat resistance line, ideally on volume well above its recent average. Invalidation: A close back below the rising support line. Once the floor breaks, the pattern is void — the rising lows were the whole argument.

Descending Channel · Weekly candles

BearishForming
WLY Descending Channel on weekly chart
Last close$50.23
Trigger$44.11 (-12.2%)
Upper boundary$53.77
Lower boundary$44.11
Pattern spanJul 17, 2026 → 16 bars
Touches6
Fit score78/100

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.