Pattern guide · Either direction
Descending triangle
A descending triangle is a falling upper trendline meeting flat support; a close below support usually continues the fall, a close above the trendline signals a reversal.
Breakout record on PSX · last 90 days
75%
9 of 12 resolved breakouts reached their target before invalidation.
- 9
- Target
- 3
- Invalid.
- 4
- Expired
- 39
- Active
Measured on the bars after each breakout: target or invalidation, whichever is touched first. Past outcomes do not predict future ones.
How the descending triangle works
Sellers push each rally lower while buyers defend the same support level. The squeeze ends when one side gives way.
It is more often a bearish continuation pattern, but breakouts above the falling trendline, especially with the larger trend, are common on PSX stocks.
- Confirmation
- A candle close outside the triangle.
- Target
- The triangle's widest height, projected from the breakout.
- Fails if
- A close back inside the triangle soon after the break (a fake-out).
Latest descending triangle signals
Descending Triangle breakout
SYM broke above its descending triangle on the 30-minute close at 12.10.
- Close
- 12.10
- Target
- 12.51
- +3.4%
- Stop
- 11.80
- -2.5%
16 Oct 2026 · 16:00 PKT Chart pattern
Descending Triangle breakdown
PRWM broke below its descending triangle on the hourly close at 58.20.
- Close
- 58.20
- Target
- 51.19
- -12.0%
- Stop
- 61.85
- +6.3%
16 Oct 2026 · 15:30 PKT Chart pattern
Descending Triangle breakout
HALEON broke above its descending triangle on the hourly close at 698.00.
- Close
- 698.00
- Target
- 738.20
- +5.8%
- Stop
- 676.00
- -3.2%
16 Oct 2026 · 15:30 PKT Chart pattern
Descending Triangle breakout
AMTEX broke above its descending triangle on the hourly close at 4.05.
- Close
- 4.05
- Target
- 4.47
- +10.4%
- Stop
- 3.80
- -6.2%
16 Oct 2026 · 15:30 PKT Chart pattern
Descending Triangle breakout
DINT broke above its descending triangle on the 30-minute close at 60.00.
- Close
- 60.00
- Target
- 65.64
- +9.4%
- Stop
- 54.00
- -10.0%
16 Oct 2026 · 15:30 PKT Chart pattern
Descending Triangle breakout
AMTEX broke above its descending triangle on the 30-minute close at 4.01.
- Close
- 4.01
- Target
- 4.46
- +11.2%
- Stop
- 3.80
- -5.2%
16 Oct 2026 · 15:30 PKT Chart pattern
Descending Triangle breakout
FEM broke above its descending triangle on the 30-minute close at 12.30.
- Close
- 12.30
- Target
- 12.98
- +5.5%
- Stop
- 11.66
- -5.2%
16 Oct 2026 · 14:30 PKT Chart pattern
Descending Triangle forming
KOHE is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 7.8x ATR wide at the start.
- Close
- 14.75
- Above
- 14.83
- +0.5%
- Below
- 14.09
- -4.5%
16 Oct 2026 · 11:30 PKT Chart pattern
Descending Triangle breakout
HUMNL broke above its descending triangle on the 30-minute close at 9.43.
- Close
- 9.43
- Target
- 9.66
- +2.4%
- Stop
- 9.08
- -3.7%
16 Oct 2026 · 11:00 PKT Chart pattern
Descending Triangle breakout
EXIDE broke above its descending triangle on the hourly close at 424.51.
- Close
- 424.51
- Target
- 430.92
- +1.5%
- Stop
- 400.00
- -5.8%
16 Oct 2026 · 10:30 PKT Chart pattern
Descending Triangle breakout
STPL broke above its descending triangle on the 30-minute close at 7.85.
- Close
- 7.85
- Target
- 8.04
- +2.4%
- Stop
- 7.37
- -6.1%
16 Oct 2026 · 10:30 PKT Chart pattern
Descending Triangle breakdown
SIEM broke below its descending triangle on the 30-minute close at 1,565.02.
- Close
- 1,565.02
- Target
- 1,537.18
- -1.8%
- Stop
- 1,639.98
- +4.8%
16 Oct 2026 · 10:00 PKT Chart pattern
Descending Triangle forming
ARUJ is compressing inside a descending triangle on the hourly chart - 5 swing points, 8.3x ATR wide at the start.
- Close
- 9.49
- Above
- 9.70
- +2.2%
- Below
- 8.78
- -7.5%
16 Oct 2026 · 09:30 PKT Chart pattern
Descending Triangle breakout
PRWM broke above its descending triangle on the 30-minute close at 61.89.
- Close
- 61.89
- Target
- 66.99
- +8.2%
- Stop
- 58.00
- -6.3%
16 Oct 2026 · 09:30 PKT Chart pattern
Descending Triangle breakout
ISL broke above its descending triangle on the 30-minute close at 78.20.
- Close
- 78.20
- Target
- 80.88
- +3.4%
- Stop
- 77.00
- -1.5%
16 Oct 2026 · 09:30 PKT Chart pattern
Descending Triangle forming
HUMNL is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 6.5x ATR wide at the start.
- Close
- 9.34
- Above
- 9.42
- +0.9%
- Below
- 9.08
- -2.8%
16 Oct 2026 · 09:30 PKT Chart pattern
Descending Triangle breakout
OCTOPUS broke above its descending triangle on the 30-minute close at 27.70.
- Close
- 27.70
- Target
- 28.77
- +3.9%
- Stop
- 27.10
- -2.2%
16 Oct 2026 · 09:00 PKT Chart pattern
Descending Triangle breakout
GHNI broke above its descending triangle on the hourly close at 1,036.99.
- Close
- 1,036.99
- Target
- 1,070.36
- +3.2%
- Stop
- 999.97
- -3.6%
16 Oct 2026 · 08:30 PKT Chart pattern
Descending Triangle breakout
NPL broke above its descending triangle on the 30-minute close at 52.70.
- Close
- 52.70
- Target
- 56.78
- +7.7%
- Stop
- 51.50
- -2.3%
15 Oct 2026 · 15:00 PKT Chart pattern
Descending Triangle forming
PRWM is compressing inside a descending triangle on the hourly chart - 5 swing points, 10.3x ATR wide at the start.
- Close
- 58.80
- Above
- 62.22
- +5.8%
- Below
- 58.71
- -0.2%
15 Oct 2026 · 14:30 PKT Chart pattern
Descending Triangle forming
DFML is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 8.9x ATR wide at the start.
- Close
- 16.10
- Above
- 16.22
- +0.7%
- Below
- 15.83
- -1.7%
15 Oct 2026 · 14:30 PKT Chart pattern
Descending Triangle breakout
AMTEX broke above its descending triangle on the hourly close at 4.04.
- Close
- 4.04
- Target
- 4.46
- +10.4%
- Stop
- 3.80
- -5.9%
15 Oct 2026 · 13:30 PKT Chart pattern
Descending Triangle breakout
HINOON broke above its descending triangle on the 30-minute close at 933.74.
- Close
- 933.74
- Target
- 970.02
- +3.9%
- Stop
- 910.00
- -2.5%
15 Oct 2026 · 13:30 PKT Chart pattern
Descending Triangle breakout
AMTEX broke above its descending triangle on the 30-minute close at 4.03.
- Close
- 4.03
- Target
- 4.45
- +10.4%
- Stop
- 3.80
- -5.7%
15 Oct 2026 · 13:00 PKT Chart pattern
Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.