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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

SEARL chart 1 Hour Forming
SEARL ▼ Bearish

Head & Shoulders forming

SEARL has completed a head & shoulders on the hourly chart with the head at 85.35 and the neckline at 74.61.

Close
78.00
Target
65.15
-16.5%
Stop
—

12 Oct 2026 · 09:30 PKT Chart pattern

HTL chart 1 Hour Forming
HTL ▼ Bearish

Head & Shoulders forming

HTL has completed a head & shoulders on the hourly chart with the head at 41.11 and the neckline at 35.83.

Close
36.00
Target
30.80
-14.4%
Stop
—

12 Oct 2026 · 09:30 PKT Chart pattern

AMTEX chart 1 Hour Forming
AMTEX ▼ Bearish

Head & Shoulders forming

AMTEX has completed a head & shoulders on the hourly chart with the head at 4.35 and the neckline at 3.80.

Close
4.00
Target
3.17
-20.8%
Stop
—

12 Oct 2026 · 09:30 PKT Chart pattern

DBCI chart 30 Min Breakout
DBCI ▼ Bearish

Head & Shoulders breakdown

DBCI broke below its head & shoulders on the 30-minute close at 11.82.

Close
11.82
Target
10.01
-15.3%
Stop
13.18
+11.5%
– Expired R:R 1.3

12 Oct 2026 · 09:30 PKT Chart pattern

PREMA chart Daily Breakout
PREMA ▼ Bearish

Head & Shoulders breakdown

PREMA broke below its head & shoulders on the daily close at 31.69.

Close
31.69
Target
18.23
-42.5%
Stop
36.88
+16.4%
● Active R:R 2.6

12 Oct 2026 Chart pattern

MEBL chart Daily Forming
MEBL ▼ Bearish

Head & Shoulders forming

MEBL has completed a head & shoulders on the daily chart with the head at 605.00 and the neckline at 528.02.

Close
541.32
Target
449.00
-17.1%
Stop
—

12 Oct 2026 Chart pattern

HBL chart Daily Breakout
HBL ▼ Bearish

Head & Shoulders breakdown

HBL broke below its head & shoulders on the daily close at 290.26.

Close
290.26
Target
239.31
-17.6%
Stop
312.05
+7.5%
● Active R:R 2.3

12 Oct 2026 Chart pattern

DBCI chart 30 Min Breakout
DBCI ▼ Bearish

Head & Shoulders breakdown

DBCI broke below its head & shoulders on the 30-minute close at 11.80.

Close
11.80
Target
10.01
-15.2%
Stop
13.18
+11.7%
– Expired R:R 1.3

09 Oct 2026 · 16:00 PKT Chart pattern

IBFL chart 1 Hour Forming
IBFL ▼ Bearish

Head & Shoulders forming

IBFL has completed a head & shoulders on the hourly chart with the head at 306.64 and the neckline at 243.01.

Close
242.02
Target
161.88
-33.1%
Stop
—

09 Oct 2026 · 15:30 PKT Chart pattern

SKRS chart 30 Min Forming
SKRS ▼ Bearish

Head & Shoulders forming

SKRS has completed a head & shoulders on the 30-minute chart with the head at 25.30 and the neckline at 21.47.

Close
22.21
Target
18.43
-17.0%
Stop
—

09 Oct 2026 · 15:30 PKT Chart pattern

DBCI chart 30 Min Breakout
DBCI ▼ Bearish

Head & Shoulders breakdown

DBCI broke below its head & shoulders on the 30-minute close at 11.80.

Close
11.80
Target
10.01
-15.2%
Stop
13.18
+11.7%
– Expired R:R 1.3

09 Oct 2026 · 15:00 PKT Chart pattern

PREMA chart 1 Hour Breakout
PREMA ▼ Bearish

Head & Shoulders breakdown

PREMA broke below its head & shoulders on the hourly close at 32.31.

Close
32.31
Target
27.30
-15.5%
Stop
34.39
+6.4%
● Active R:R 2.4

09 Oct 2026 · 14:30 PKT Chart pattern

UBLPETF chart 30 Min Forming
UBLPETF ▼ Bearish

Head & Shoulders forming

UBLPETF has completed a head & shoulders on the 30-minute chart with the head at 28.94 and the neckline at 27.37.

Close
28.10
Target
26.43
-5.9%
Stop
—

09 Oct 2026 · 11:30 PKT Chart pattern

TISL chart 30 Min Forming
TISL ▼ Bearish

Head & Shoulders forming

TISL has completed a head & shoulders on the 30-minute chart with the head at 5.42 and the neckline at 4.57.

Close
4.95
Target
3.98
-19.6%
Stop
—

09 Oct 2026 · 11:30 PKT Chart pattern

TELE chart 1 Hour Forming
TELE ▼ Bearish

Head & Shoulders forming

TELE has completed a head & shoulders on the hourly chart with the head at 8.65 and the neckline at 6.46.

Close
7.24
Target
5.44
-24.9%
Stop
—

09 Oct 2026 · 11:30 PKT Chart pattern

SRVI chart 30 Min Breakout
SRVI ▼ Bearish

Head & Shoulders breakdown

SRVI broke below its head & shoulders on the 30-minute close at 178.98.

Close
178.98
Target
165.82
-7.4%
Stop
183.09
+2.3%
– Expired R:R 3.2

09 Oct 2026 · 11:30 PKT Chart pattern

RPL chart 1 Hour Forming
RPL ▼ Bearish

Head & Shoulders forming

RPL has completed a head & shoulders on the hourly chart with the head at 17.11 and the neckline at 12.73.

Close
15.34
Target
10.53
-31.4%
Stop
—

09 Oct 2026 · 11:30 PKT Chart pattern

QUICE chart 1 Hour Forming
QUICE ▼ Bearish

Head & Shoulders forming

QUICE has completed a head & shoulders on the hourly chart with the head at 35.74 and the neckline at 25.94.

Close
27.24
Target
14.88
-45.4%
Stop
—

09 Oct 2026 · 11:30 PKT Chart pattern

PREMA chart 1 Hour Forming
PREMA ▼ Bearish

Head & Shoulders forming

PREMA has completed a head & shoulders on the hourly chart with the head at 36.88 and the neckline at 32.44.

Close
32.87
Target
27.28
-17.0%
Stop
—

09 Oct 2026 · 11:30 PKT Chart pattern

MZNPETF chart 1 Hour Forming
MZNPETF ▼ Bearish

Head & Shoulders forming

MZNPETF has completed a head & shoulders on the hourly chart with the head at 17.60 and the neckline at 16.98.

Close
17.23
Target
16.38
-4.9%
Stop
—

09 Oct 2026 · 11:30 PKT Chart pattern

MSOT chart 1 Hour Forming
MSOT ▼ Bearish

Head & Shoulders forming

MSOT has completed a head & shoulders on the hourly chart with the head at 205.00 and the neckline at 170.22.

Close
193.62
Target
135.28
-30.1%
Stop
—

09 Oct 2026 · 11:30 PKT Chart pattern

MEBL chart 30 Min Forming
MEBL ▼ Bearish

Head & Shoulders forming

MEBL has completed a head & shoulders on the 30-minute chart with the head at 562.00 and the neckline at 542.11.

Close
548.92
Target
527.00
-4.0%
Stop
—

09 Oct 2026 · 11:30 PKT Chart pattern

LIVEN chart 1 Hour Forming
LIVEN ▼ Bearish

Head & Shoulders forming

LIVEN has completed a head & shoulders on the hourly chart with the head at 34.85 and the neckline at 30.07.

Close
30.85
Target
25.22
-18.2%
Stop
—

09 Oct 2026 · 11:30 PKT Chart pattern

IBLHL chart 1 Hour Forming
IBLHL ▼ Bearish

Head & Shoulders forming

IBLHL has completed a head & shoulders on the hourly chart with the head at 49.50 and the neckline at 39.59.

Close
41.00
Target
30.78
-24.9%
Stop
—

09 Oct 2026 · 11:30 PKT Chart pattern

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

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