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
Head & Shoulders forming
DINT has completed a head & shoulders on the daily chart with the head at 95.13 and the neckline at 54.20.
- Close
- 60.00
- Target
- 9.03
- -85.0%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
DFSM has completed a head & shoulders on the daily chart with the head at 35.24 and the neckline at 8.48.
- Close
- 14.16
- Target
- -11.85
- -183.7%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
CCM has completed a head & shoulders on the daily chart with the head at 64.96 and the neckline at 40.14.
- Close
- 42.00
- Target
- 12.31
- -70.7%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
ACPL has completed a head & shoulders on the daily chart with the head at 249.90 and the neckline at 224.01.
- Close
- 238.00
- Target
- 184.43
- -22.5%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
IGIL has completed a head & shoulders on the daily chart with the head at 28.70 and the neckline at 12.75.
- Close
- 19.00
- Target
- 1.99
- -89.5%
- Stop
- —
07 Oct 2026 Chart pattern
Head & Shoulders forming
GEMPACRA has completed a head & shoulders on the daily chart with the head at 49.00 and the neckline at 29.31.
- Close
- 43.33
- Target
- 10.51
- -75.7%
- Stop
- —
07 Oct 2026 Chart pattern
Head & Shoulders breakdown
PECO broke below its head & shoulders on the daily close at 609.00.
- Close
- 609.00
- Target
- 186.53
- -69.4%
- Stop
- 780.00
- +28.1%
02 Oct 2026 Chart pattern
Head & Shoulders breakdown
GADT broke below its head & shoulders on the daily close at 293.00.
- Close
- 293.00
- Target
- 191.71
- -34.6%
- Stop
- 322.00
- +9.9%
02 Oct 2026 Chart pattern
Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.