PSX · REFINERY
CNERGY Descending Triangle forming — 1 Hour chart signal
Cnergyico PK Limited
1 Hour 14 Oct 2026 · 14:30 PKT
Close
12.64
▲ 2.43%
Descending Triangle forming
Chart pattern Against the trend
CNERGY is compressing inside a descending triangle on the hourly chart - 5 swing points, 22.6x ATR wide at the start.
Upper line 12.46, lower line 12.11. The pattern favours a downside resolution: a hourly close above 12.49 confirms an upside breakout, a close below 12.08 a downside break.
Structure: bullish external, bearish internal (strong low 9.73). Nearest demand OB 11.41 - 11.50, supply OB 13.69 - 14.33.
More for CNERGY
CNERGY company page →Descending Triangle breakout
CNERGY broke above its descending triangle on the hourly close at 12.64.
14 Oct 2026 · 14:30 PKT Pattern breakout
Bear Pennant forming
CNERGY is building a bear pennant after a 0.91 drop (5.7x ATR) on the hourly chart.
13 Oct 2026 · 11:30 PKT Chart pattern