Pattern guide · Usually bearish
Bear pennant
A bear pennant is a sharp fall followed by a small symmetrical triangle; a break below it usually continues the fall.
Breakout record on PSX · last 90 days
0%
0 of 8 resolved breakouts reached their target before invalidation.
- 0
- Target
- 8
- Invalid.
- 0
- Expired
- 5
- Active
Measured on the bars after each breakout: target or invalidation, whichever is touched first. Past outcomes do not predict future ones.
How the bear pennant works
Like a bear flag, but the pause takes the shape of a small converging triangle.
Weak bounces inside the pennant show sellers still in control.
- Confirmation
- A close below the pennant.
- Target
- The length of the pole, projected down from the breakout.
- Fails if
- A close above the pennant.
Latest bear pennant signals
Bear Pennant forming
HAEL is building a bear pennant after a 5.14 drop (7.0x ATR) on the 30-minute chart.
- Close
- 25.25
- Above
- 25.63
- +1.5%
- Below
- 24.71
- -2.1%
09 Oct 2026 · 11:30 PKT Chart pattern
Bear Pennant forming
CRTM is building a bear pennant after a 7.22 drop (6.8x ATR) on the hourly chart.
- Close
- 56.00
- Above
- 57.40
- +2.5%
- Below
- 56.14
- +0.2%
09 Oct 2026 · 11:30 PKT Chart pattern
Bear Pennant breakdown
TRSM broke below its bear pennant on the daily close at 13.00.
- Close
- 13.00
- Target
- 7.26
- -44.2%
- Stop
- 14.20
- +9.2%
05 Oct 2026 Chart pattern
Bear Pennant breakdown
UBLPETF broke below its bear pennant on the daily close at 28.13.
- Close
- 28.13
- Target
- 25.20
- -10.4%
- Stop
- 28.94
- +2.9%
02 Oct 2026 Chart pattern
Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.