RangeStocks spotted a retest of a sideways range low in PTBD in the week of 4 Sept 2022.
A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.
On the chart, each candle is one week. The purple lines are the range the signal came from, and the green Retest label marks the week RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.
| Range | Started | Ended | Outcome | Retests (week of) |
|---|---|---|---|---|
| 15 Mar 2020 | Still open | — | — |
All NYSE stocks with weekly retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.