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Pattern guide · Usually bearish

Head and shoulders

A head and shoulders is a topping pattern: three peaks with the middle one highest, resting on a "neckline" whose break often ends an uptrend.

Breakout record on PSX · last 90 days

0%

0 of 1 resolved breakouts reached their target before invalidation.

0
Target
1
Invalid.
5
Expired
26
Active

Measured on the bars after each breakout: target or invalidation, whichever is touched first. Past outcomes do not predict future ones.

How the head and shoulders works

Price makes a high (left shoulder), a higher high (head) and a lower high (right shoulder), with the lows between them forming the neckline. Each failed rally shows buyers losing strength.

The pattern completes only when price closes below the neckline. Until then it is a warning, not a signal.

Confirmation
A close below the neckline.
Target
The height from the head to the neckline, projected down from the break.
Fails if
A close back above the right shoulder or the neckline.

Latest head and shoulders signals

JSMFETF chart 30 Min Breakout
JSMFETF ▼ Bearish

Head & Shoulders breakdown

JSMFETF broke below its head & shoulders on the 30-minute close at 10.65.

Close
10.65
Target
10.40
-2.3%
Stop
10.80
+1.4%
✕ Invalidated R:R 1.7

13 Oct 2026 · 15:00 PKT Chart pattern

HINOON chart 30 Min Breakout
HINOON ▼ Bearish

Head & Shoulders breakdown

HINOON broke below its head & shoulders on the 30-minute close at 910.00.

Close
910.00
Target
855.57
-6.0%
Stop
941.00
+3.4%
● Active R:R 1.8

13 Oct 2026 · 15:00 PKT Chart pattern

NICL chart 1 Hour Forming
NICL ▼ Bearish

Head & Shoulders forming

NICL has completed a head & shoulders on the hourly chart with the head at 288.59 and the neckline at 254.98.

Close
260.00
Target
228.28
-12.2%
Stop
—

13 Oct 2026 · 14:30 PKT Chart pattern

HINOON chart 1 Hour Breakout
HINOON ▼ Bearish

Head & Shoulders breakdown

HINOON broke below its head & shoulders on the hourly close at 910.00.

Close
910.00
Target
855.64
-6.0%
Stop
941.00
+3.4%
● Active R:R 1.8

13 Oct 2026 · 14:30 PKT Chart pattern

HINOON chart 30 Min Forming
HINOON ▼ Bearish

Head & Shoulders forming

HINOON has completed a head & shoulders on the 30-minute chart with the head at 965.00 and the neckline at 913.87.

Close
922.21
Target
855.47
-7.2%
Stop
—

13 Oct 2026 · 14:00 PKT Chart pattern

LSEFSL chart 30 Min Forming
LSEFSL ▼ Bearish

Head & Shoulders forming

LSEFSL has completed a head & shoulders on the 30-minute chart with the head at 4.15 and the neckline at 2.65.

Close
2.92
Target
1.51
-48.3%
Stop
—

13 Oct 2026 · 13:30 PKT Chart pattern

AMTEX chart 30 Min Breakout
AMTEX ▼ Bearish

Head & Shoulders breakdown

AMTEX broke below its head & shoulders on the 30-minute close at 3.80.

Close
3.80
Target
3.19
-16.1%
Stop
4.22
+11.1%
● Active R:R 1.5

13 Oct 2026 · 13:30 PKT Chart pattern

SIEM chart 1 Hour Forming
SIEM ▼ Bearish

Head & Shoulders forming

SIEM has completed a head & shoulders on the hourly chart with the head at 1,840.00 and the neckline at 1,563.54.

Close
1,580.00
Target
1,309.11
-17.1%
Stop
—

13 Oct 2026 · 12:30 PKT Chart pattern

ASTL chart 1 Hour Forming
ASTL ▼ Bearish

Head & Shoulders forming

ASTL has completed a head & shoulders on the hourly chart with the head at 20.90 and the neckline at 15.94.

Close
18.45
Target
11.37
-38.4%
Stop
—

13 Oct 2026 · 12:30 PKT Chart pattern

JSMFETF chart 1 Hour Forming
JSMFETF ▼ Bearish

Head & Shoulders forming

JSMFETF has completed a head & shoulders on the hourly chart with the head at 11.46 and the neckline at 10.15.

Close
10.73
Target
9.16
-14.6%
Stop
—

13 Oct 2026 · 11:30 PKT Chart pattern

SKRS chart 30 Min Breakout
SKRS ▼ Bearish

Head & Shoulders breakdown

SKRS broke below its head & shoulders on the 30-minute close at 21.02.

Close
21.02
Target
18.18
-13.5%
Stop
23.15
+10.1%
● Active R:R 1.3

13 Oct 2026 · 11:30 PKT Chart pattern

QUET chart 30 Min Forming
QUET ▼ Bearish

Head & Shoulders forming

QUET has completed a head & shoulders on the 30-minute chart with the head at 16.19 and the neckline at 13.47.

Close
14.50
Target
11.25
-22.4%
Stop
—

13 Oct 2026 · 10:30 PKT Chart pattern

QUICE chart 30 Min Forming
QUICE ▼ Bearish

Head & Shoulders forming

QUICE has completed a head & shoulders on the 30-minute chart with the head at 29.85 and the neckline at 26.12.

Close
26.80
Target
21.96
-18.1%
Stop
—

13 Oct 2026 · 10:00 PKT Chart pattern

JUBS chart 30 Min Breakout
JUBS ▼ Bearish

Head & Shoulders breakdown

JUBS broke below its head & shoulders on the 30-minute close at 44.00.

Close
44.00
Target
29.10
-33.9%
Stop
53.80
+22.3%
● Active R:R 1.5

13 Oct 2026 · 10:00 PKT Chart pattern

PTL chart 1 Hour Breakout
PTL ▼ Bearish

Head & Shoulders breakdown

PTL broke below its head & shoulders on the hourly close at 46.90.

Close
46.90
Target
42.39
-9.6%
Stop
50.49
+7.7%
● Active R:R 1.3

13 Oct 2026 · 09:30 PKT Chart pattern

KOHE chart 1 Hour Forming
KOHE ▼ Bearish

Head & Shoulders forming

KOHE has completed a head & shoulders on the hourly chart with the head at 17.75 and the neckline at 14.23.

Close
14.79
Target
10.93
-26.1%
Stop
—

13 Oct 2026 · 09:30 PKT Chart pattern

GGL chart Daily Breakout
GGL ▼ Bearish

Head & Shoulders breakdown

GGL broke below its head & shoulders on the daily close at 18.06.

Close
18.06
Target
8.29
-54.1%
Stop
21.50
+19.0%
● Active R:R 2.8

13 Oct 2026 Chart pattern

BAFS chart Daily Forming
BAFS ▼ Bearish

Head & Shoulders forming

BAFS has completed a head & shoulders on the daily chart with the head at 647.00 and the neckline at 402.18.

Close
419.75
Target
147.10
-65.0%
Stop
—

13 Oct 2026 Chart pattern

PTL chart 1 Hour Forming
PTL ▼ Bearish

Head & Shoulders forming

PTL has completed a head & shoulders on the hourly chart with the head at 51.90 and the neckline at 47.21.

Close
48.90
Target
42.39
-13.3%
Stop
—

12 Oct 2026 · 13:30 PKT Chart pattern

BATA chart 1 Hour Forming
BATA ▼ Bearish

Head & Shoulders forming

BATA has completed a head & shoulders on the hourly chart with the head at 900.00 and the neckline at 822.27.

Close
850.15
Target
761.52
-10.4%
Stop
—

12 Oct 2026 · 13:30 PKT Chart pattern

LIVEN chart 1 Hour Breakout
LIVEN ▼ Bearish

Head & Shoulders breakdown

LIVEN broke below its head & shoulders on the hourly close at 29.70.

Close
29.70
Target
25.22
-15.1%
Stop
33.99
+14.4%
● Active R:R 1.0

12 Oct 2026 · 11:30 PKT Chart pattern

IML chart 1 Hour Forming
IML ▼ Bearish

Head & Shoulders forming

IML has completed a head & shoulders on the hourly chart with the head at 30.00 and the neckline at 18.36.

Close
22.51
Target
9.72
-56.8%
Stop
—

12 Oct 2026 · 10:30 PKT Chart pattern

BAFL chart 1 Hour Breakout
BAFL ▼ Bearish

Head & Shoulders breakdown

BAFL broke below its head & shoulders on the hourly close at 55.30.

Close
55.30
Target
53.15
-3.9%
Stop
57.05
+3.2%
● Active R:R 1.2

12 Oct 2026 · 10:30 PKT Chart pattern

DBCI chart 30 Min Breakout
DBCI ▼ Bearish

Head & Shoulders breakdown

DBCI broke below its head & shoulders on the 30-minute close at 11.85.

Close
11.85
Target
10.01
-15.5%
Stop
13.18
+11.2%
– Expired R:R 1.4

12 Oct 2026 · 10:00 PKT Chart pattern

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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