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
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
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
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
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%
12 Oct 2026 · 09:30 PKT Chart pattern
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%
12 Oct 2026 Chart pattern
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
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%
12 Oct 2026 Chart pattern
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%
09 Oct 2026 · 16:00 PKT Chart pattern
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
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
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%
09 Oct 2026 · 15:00 PKT Chart pattern
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%
09 Oct 2026 · 14:30 PKT Chart pattern
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
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
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
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%
09 Oct 2026 · 11:30 PKT Chart pattern
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
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
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
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
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
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
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
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.