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targetentrystop

Channel down

bearish

The highs and the lows are falling together at a similar rate, so the range is drifting downwards.

It runs until a close leaves one of the two parallel lines, most often the upper one.

  • Each of the two lines is fitted through at least 3 turning points, 4 across the shape.
  • Every turning point must sit within 1.5% of its own line.

32 in it now · 27 forming · 5 broke out · read from the close of 2026-10-21

IBOCINTERNATIONAL BANCSHARES CORP · Financialsforming

81 sessions in · 1.4% above entry

IBOC — closes with its channel-down drawn on62.1465.1868.011 Jun21 Oct · 66.09
entry65.18
stop68.01
target62.14

GNTXGentex · Consumer Discretionaryforming

68 sessions in · 2.2% above entry

GNTX — closes with its channel-down drawn on18.8220.5321.8824 Jun21 Oct · 21.00
entry20.53
stop21.88
target18.82

also reading: falling wedge, bullish, 74 sessions in

GVAGRANITE CONSTRUCTION INC · Industrialsforming

71 sessions in · 2.2% above entry

GVA — closes with its channel-down drawn on96.24107.34119.8518 Jun21 Oct · 109.73
entry107.34
stop119.85
target96.24

also reading: falling wedge, bullish, 58 sessions in

PRUPrudential Financial · Financialsforming

63 sessions in · 2.4% above entry

PRU — closes with its channel-down drawn on103.31112.11118.651 Jul21 Oct · 114.82
entry112.11
stop118.65
target103.31

CVCOCAVCO INDUSTRIES INC · Consumer Discretionaryforming

56 sessions in · 2.8% above entry

CVCO — closes with its channel-down drawn on434.98501.92576.9713 Jul21 Oct · 516.25
entry501.92
stop576.97
target434.98

TRMKTRUSTMARK CORP · Financialsforming

63 sessions in · 2.9% above entry

TRMK — closes with its channel-down drawn on41.2543.9746.591 Jul21 Oct · 45.29
entry43.97
stop46.59
target41.25

also reading: double bottom, bullish, 35 sessions in; rectangle, either side, 74 sessions in

LKFNLAKELAND FINANCIAL CORP · Financialsforming

68 sessions in · 3.2% above entry

LKFN — closes with its channel-down drawn on53.7756.1658.8024 Jun21 Oct · 58.02
entry56.16
stop58.80
target53.77

FSBCFIVE STAR BANCORP · Financialsforming

73 sessions in · 3.5% above entry

FSBC — closes with its channel-down drawn on38.9541.5744.4715 Jun21 Oct · 43.09
entry41.57
stop44.47
target38.95

AROWARROW FINANCIAL CORP · Financialsforming

63 sessions in · 3.7% above entry

AROW — closes with its channel-down drawn on33.6435.8237.871 Jul21 Oct · 37.19
entry35.82
stop37.87
target33.64

also reading: falling wedge, bullish, 74 sessions in

ABCBAMERIS BANCORP · Financialsforming

74 sessions in · 4.0% above entry

ABCB — closes with its channel-down drawn on71.2377.3682.1612 Jun21 Oct · 80.62
entry77.36
stop82.16
target71.23

RBBRBB BANCORP · Financialsforming

68 sessions in · 4.1% above entry

RBB — closes with its channel-down drawn on23.7625.2826.4224 Jun21 Oct · 26.36
entry25.28
stop26.42
target23.76

HAFCHANMI FINANCIAL CORP · Financialsforming

78 sessions in · 4.1% above entry

HAFC — closes with its channel-down drawn on28.6030.2031.814 Jun21 Oct · 31.50
entry30.20
stop31.81
target28.60

CVBFCVB FINANCIAL CORP · Financialsforming

64 sessions in · 4.2% above entry

CVBF — closes with its channel-down drawn on20.0321.3022.4930 Jun21 Oct · 22.24
entry21.30
stop22.49
target20.03

UVSPUNIVEST FINANCIAL CORP · Financialsforming

78 sessions in · 4.2% above entry

UVSP — closes with its channel-down drawn on37.8139.9941.644 Jun21 Oct · 41.73
entry39.99
stop41.64
target37.81

also reading: falling wedge, bullish, 74 sessions in

FIBKFIRST INTERSTATE BANCSYSTEM INC · Financialsforming

68 sessions in · 4.6% above entry

FIBK — closes with its channel-down drawn on32.2134.0435.9024 Jun21 Oct · 35.67
entry34.04
stop35.90
target32.21

also reading: falling wedge, bullish, 51 sessions in

NBTBNBT BANCORP INC · Financialsforming

68 sessions in · 4.7% above entry

NBTB — closes with its channel-down drawn on46.7649.0551.3024 Jun21 Oct · 51.45
entry49.05
stop51.30
target46.76

TTWOTake-Two Interactive · Communication Servicesforming

30 sessions in · 4.8% above entry

TTWO — closes with its channel-down drawn on181.49196.19209.4518 Aug21 Oct · 206.16
entry196.19
stop209.45
target181.49

PHMPulteGroup · Consumer Discretionaryforming

60 sessions in · 4.9% above entry

PHM — closes with its channel-down drawn on99.76107.40115.567 Jul21 Oct · 112.89
entry107.40
stop115.56
target99.76

ACELACCEL ENTERTAINMENT INC CLASS A · Consumer Discretionaryforming

80 sessions in · 5.3% above entry

ACEL — closes with its channel-down drawn on9.3810.2011.104 Jun21 Oct · 10.78
entry10.20
stop11.10
target9.38

also reading: falling wedge, bullish, 86 sessions in

CWK.LCranswickforming

85 sessions in · 5.3% above entry

CWK.L — closes with its channel-down drawn on45.8548.8751.7026 May21 Oct · 51.60
entry48.87
stop51.70
target45.85

MTHMERITAGE CORP · Consumer Discretionaryforming

57 sessions in · 6.3% above entry

MTH — closes with its channel-down drawn on49.7055.6160.9710 Jul21 Oct · 59.32
entry55.61
stop60.97
target49.70

ZIONZions Bancorporation · Financialsforming

68 sessions in · 6.4% above entry

ZION — closes with its channel-down drawn on57.5561.4766.4424 Jun21 Oct · 65.71
entry61.47
stop66.44
target57.55

also reading: falling wedge, bullish, 61 sessions in

INDBINDEPENDENT BANK CORP · Financialsforming

74 sessions in · 6.5% above entry

INDB — closes with its channel-down drawn on70.9476.0480.9912 Jun21 Oct · 81.30
entry76.04
stop80.99
target70.94

WMBWilliams Companies · Energyforming

81 sessions in · 7.3% above entry

WMB — closes with its channel-down drawn on61.7167.4874.1529 May21 Oct · 72.80
entry67.48
stop74.15
target61.71

INDVINDIVIOR PHARMACEUTICALS INC · Health Careforming

81 sessions in · 7.5% above entry

INDV — closes with its channel-down drawn on28.7832.1835.721 Jun21 Oct · 34.79
entry32.18
stop35.72
target28.78

ESEESCO TECHNOLOGIES INC · Industrialsforming

82 sessions in · 7.6% above entry

ESE — closes with its channel-down drawn on199.15228.77261.6229 May21 Oct · 247.53
entry228.77
stop261.62
target199.15

EVREvercore · Financialsforming

85 sessions in · 7.8% above entry

EVR — closes with its channel-down drawn on203.86232.37263.2222 May21 Oct · 252.01
entry232.37
stop263.22
target203.86

PGCPEAPACK GLADSTONE FINANCIAL CORP · Financialsbroke down

60 sessions in · 0.1% above entry

PGC — closes with its channel-down drawn on41.7543.8945.457 Jul21 Oct · 43.95
entry43.89
stop45.45
target41.75

also reading: descending triangle, either side, 78 sessions in

MATVMATIV HOLDINGS INC · Materialsbroke down

52 sessions in · 2.1% above entry

MATV — closes with its channel-down drawn on10.7411.4912.4017 Jul21 Oct · 11.74
entry11.49
stop12.40
target10.74

CYTKCYTOKINETICS INC · Health Carebroke down

56 sessions in · 5.6% below entry

CYTK — closes with its channel-down drawn on59.9566.3573.1713 Jul21 Oct · 62.86
entry66.35
stop73.17
target59.95

also reading: falling wedge, bullish, 48 sessions in

SIGISELECTIVE INSURANCE GROUP INC · Financialsbroke down

77 sessions in · 5.9% above entry

SIGI — closes with its channel-down drawn on80.3185.6990.815 Jun21 Oct · 91.08
entry85.69
stop90.81
target80.31

BBWIBath & Body Works, Inc. · Consumer Discretionarybroke down

55 sessions in · 21.1% above entry

BBWI — closes with its channel-down drawn on13.6816.1118.3514 Jul21 Oct · 20.42
entry16.11
stop18.35
target13.68

A shape is dropped once its first turning point is more than 90 sessions old, and a shape that has already broken is kept for 20 sessions after the break.

See the other shapes in the chart-pattern index.

Informational only — NOT financial advice. A chart pattern describes where price has already been. "Entry", "stop" and "target" are levels the shape itself defines — the line price must clear, the extreme on the other side, and that distance projected — not predictions and not recommendations.