Skip to content

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

FECM chart 30 Min Breakout
FECM ▼ Bearish

Head & Shoulders breakdown

FECM broke below its head & shoulders on the 30-minute close at 18.50.

Close
18.50
Target
15.28
-17.4%
Stop
19.39
+4.8%
● Active R:R 3.6

16 Oct 2026 · 16:00 PKT Chart pattern

CSIL chart 30 Min Breakout
CSIL ▼ Bearish

Head & Shoulders breakdown

CSIL broke below its head & shoulders on the 30-minute close at 5.45.

Close
5.45
Target
4.94
-9.4%
Stop
5.79
+6.2%
● Active R:R 1.5

16 Oct 2026 · 16:00 PKT Chart pattern

FECM chart 30 Min Forming
FECM ▼ Bearish

Head & Shoulders forming

FECM has completed a head & shoulders on the 30-minute chart with the head at 21.23 and the neckline at 18.84.

Close
18.90
Target
15.24
-19.4%
Stop
—

16 Oct 2026 · 15:30 PKT Chart pattern

FASM chart 30 Min Breakout
FASM ▼ Bearish

Head & Shoulders breakdown

FASM broke below its head & shoulders on the 30-minute close at 290.01.

Close
290.01
Target
231.42
-20.2%
Stop
342.90
+18.2%
● Active R:R 1.1

16 Oct 2026 · 15:30 PKT Chart pattern

EFUG chart 1 Hour Breakout
EFUG ▼ Bearish

Head & Shoulders breakdown

EFUG broke below its head & shoulders on the hourly close at 115.50.

Close
115.50
Target
98.60
-14.6%
Stop
132.00
+14.3%
● Active R:R 1.0

16 Oct 2026 · 14:30 PKT Chart pattern

MIIETF chart 30 Min Forming
MIIETF ▼ Bearish

Head & Shoulders forming

MIIETF has completed a head & shoulders on the 30-minute chart with the head at 16.09 and the neckline at 15.56.

Close
15.83
Target
15.14
-4.4%
Stop
—

16 Oct 2026 · 11:00 PKT Chart pattern

AVN chart 30 Min Forming
AVN ▼ Bearish

Head & Shoulders forming

AVN has completed a head & shoulders on the 30-minute chart with the head at 28.48 and the neckline at 26.79.

Close
27.23
Target
25.29
-7.1%
Stop
—

16 Oct 2026 · 10:00 PKT Chart pattern

SYS chart 30 Min Forming
SYS ▼ Bearish

Head & Shoulders forming

SYS has completed a head & shoulders on the 30-minute chart with the head at 118.98 and the neckline at 113.26.

Close
115.45
Target
106.79
-7.5%
Stop
—

16 Oct 2026 · 09:00 PKT Chart pattern

FTSM chart 30 Min Breakout
FTSM ▼ Bearish

Head & Shoulders breakdown

FTSM broke below its head & shoulders on the 30-minute close at 35.49.

Close
35.49
Target
25.29
-28.7%
Stop
39.92
+12.5%
● Active R:R 2.3

16 Oct 2026 · 09:00 PKT Chart pattern

MLCF chart 1 Hour Forming
MLCF ▼ Bearish

Head & Shoulders forming

MLCF has completed a head & shoulders on the hourly chart with the head at 93.25 and the neckline at 89.46.

Close
89.73
Target
84.36
-6.0%
Stop
—

16 Oct 2026 · 08:30 PKT Chart pattern

FASM chart Daily Breakout
FASM ▼ Bearish

Head & Shoulders breakdown

FASM broke below its head & shoulders on the daily close at 288.72.

Close
288.72
Target
114.61
-60.3%
Stop
393.86
+36.4%
● Active R:R 1.7

16 Oct 2026 Chart pattern

HALEON chart 1 Hour Forming
HALEON ▼ Bearish

Head & Shoulders forming

HALEON has completed a head & shoulders on the hourly chart with the head at 735.00 and the neckline at 674.00.

Close
678.98
Target
610.50
-10.1%
Stop
—

15 Oct 2026 · 13:30 PKT Chart pattern

ITTEFAQ chart 1 Hour Forming
ITTEFAQ ▼ Bearish

Head & Shoulders forming

ITTEFAQ has completed a head & shoulders on the hourly chart with the head at 8.70 and the neckline at 7.33.

Close
7.89
Target
6.09
-22.8%
Stop
—

15 Oct 2026 · 10:30 PKT Chart pattern

HALEON chart 30 Min Forming
HALEON ▼ Bearish

Head & Shoulders forming

HALEON has completed a head & shoulders on the 30-minute chart with the head at 735.00 and the neckline at 673.00.

Close
689.87
Target
611.00
-11.4%
Stop
—

15 Oct 2026 · 10:00 PKT Chart pattern

FASM chart 30 Min Forming
FASM ▼ Bearish

Head & Shoulders forming

FASM has completed a head & shoulders on the 30-minute chart with the head at 368.00 and the neckline at 297.09.

Close
327.00
Target
232.88
-28.8%
Stop
—

15 Oct 2026 · 10:00 PKT Chart pattern

MSOT chart 30 Min Forming
MSOT ▼ Bearish

Head & Shoulders forming

MSOT has completed a head & shoulders on the 30-minute chart with the head at 212.33 and the neckline at 187.59.

Close
191.00
Target
163.79
-14.2%
Stop
—

14 Oct 2026 · 13:00 PKT Chart pattern

MARI chart 30 Min Forming
MARI ▼ Bearish

Head & Shoulders forming

MARI has completed a head & shoulders on the 30-minute chart with the head at 655.00 and the neckline at 627.98.

Close
630.00
Target
601.57
-4.5%
Stop
—

14 Oct 2026 · 13:00 PKT Chart pattern

PIM chart 1 Hour Forming
PIM ▼ Bearish

Head & Shoulders forming

PIM has completed a head & shoulders on the hourly chart with the head at 86.92 and the neckline at 55.21.

Close
59.75
Target
17.56
-70.6%
Stop
—

14 Oct 2026 · 12:30 PKT Chart pattern

FLYNG chart 30 Min Breakout
FLYNG ▼ Bearish

Head & Shoulders breakdown

FLYNG broke below its head & shoulders on the 30-minute close at 33.48.

Close
33.48
Target
28.95
-13.5%
Stop
34.95
+4.4%
● Active R:R 3.1

14 Oct 2026 · 12:00 PKT Chart pattern

SERT chart 30 Min Forming
SERT ▼ Bearish

Head & Shoulders forming

SERT has completed a head & shoulders on the 30-minute chart with the head at 38.78 and the neckline at 32.28.

Close
35.00
Target
26.90
-23.1%
Stop
—

14 Oct 2026 · 10:00 PKT Chart pattern

QUET chart 1 Hour Forming
QUET ▼ Bearish

Head & Shoulders forming

QUET has completed a head & shoulders on the hourly chart with the head at 16.19 and the neckline at 13.39.

Close
14.40
Target
11.14
-22.6%
Stop
—

14 Oct 2026 · 09:30 PKT Chart pattern

MZNPETF chart 1 Hour Breakout
MZNPETF ▼ Bearish

Head & Shoulders breakdown

MZNPETF broke below its head & shoulders on the hourly close at 16.96.

Close
16.96
Target
16.38
-3.4%
Stop
17.40
+2.6%
● Active R:R 1.3

14 Oct 2026 · 09:30 PKT Chart pattern

AGHA chart 1 Hour Forming
AGHA ▼ Bearish

Head & Shoulders forming

AGHA has completed a head & shoulders on the hourly chart with the head at 7.80 and the neckline at 6.32.

Close
6.60
Target
4.80
-27.3%
Stop
—

14 Oct 2026 · 09:30 PKT Chart pattern

GWLC chart Daily Breakout
GWLC ▼ Bearish

Head & Shoulders breakdown

GWLC broke below its head & shoulders on the daily close at 44.27.

Close
44.27
Target
32.08
-27.5%
Stop
56.00
+26.5%
● Active R:R 1.0

14 Oct 2026 Chart pattern

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

← All pattern signals