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
TATM has completed a head & shoulders on the daily chart with the head at 191.80 and the neckline at 140.80.
- Close
- 140.00
- Target
- 79.79
- -43.0%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
PTL has completed a head & shoulders on the daily chart with the head at 65.88 and the neckline at 41.36.
- Close
- 48.25
- Target
- 23.88
- -50.5%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
PSEL has completed a head & shoulders on the daily chart with the head at 1,635.00 and the neckline at 796.72.
- Close
- 990.02
- Target
- -37.99
- -103.8%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
PREMA has completed a head & shoulders on the daily chart with the head at 44.00 and the neckline at 32.08.
- Close
- 32.71
- Target
- 18.12
- -44.6%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
PKGS has completed a head & shoulders on the daily chart with the head at 855.00 and the neckline at 601.04.
- Close
- 700.00
- Target
- 380.39
- -45.7%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
PAKRI has completed a head & shoulders on the daily chart with the head at 26.28 and the neckline at 14.48.
- Close
- 15.41
- Target
- 3.50
- -77.3%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
PAKD has completed a head & shoulders on the daily chart with the head at 157.61 and the neckline at 113.93.
- Close
- 120.50
- Target
- 65.35
- -45.8%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
NATF has completed a head & shoulders on the daily chart with the head at 439.00 and the neckline at 278.23.
- Close
- 329.49
- Target
- 174.49
- -47.0%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
MIRKS has completed a head & shoulders on the daily chart with the head at 39.00 and the neckline at 29.28.
- Close
- 30.00
- Target
- 18.91
- -37.0%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
MFL has completed a head & shoulders on the daily chart with the head at 72.00 and the neckline at 33.15.
- Close
- 45.03
- Target
- 4.30
- -90.5%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
MCB has completed a head & shoulders on the daily chart with the head at 452.00 and the neckline at 347.19.
- Close
- 384.96
- Target
- 239.55
- -37.8%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
LSECL has completed a head & shoulders on the daily chart with the head at 8.07 and the neckline at 5.05.
- Close
- 5.35
- Target
- 2.19
- -59.1%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
KOSM has completed a head & shoulders on the daily chart with the head at 7.29 and the neckline at 4.91.
- Close
- 5.38
- Target
- 2.82
- -47.6%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
JLICL has completed a head & shoulders on the daily chart with the head at 186.67 and the neckline at 90.76.
- Close
- 104.50
- Target
- 7.32
- -93.0%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
JATM has completed a head & shoulders on the daily chart with the head at 75.72 and the neckline at 32.46.
- Close
- 38.07
- Target
- -11.64
- -130.6%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
IBLHL has completed a head & shoulders on the daily chart with the head at 60.40 and the neckline at 39.24.
- Close
- 41.00
- Target
- 21.03
- -48.7%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
IBFL has completed a head & shoulders on the daily chart with the head at 397.32 and the neckline at 228.57.
- Close
- 251.95
- Target
- 39.36
- -84.4%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
HAFL has completed a head & shoulders on the daily chart with the head at 629.50 and the neckline at 313.96.
- Close
- 453.00
- Target
- -26.97
- -106.0%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
GWLC has completed a head & shoulders on the daily chart with the head at 58.22 and the neckline at 45.23.
- Close
- 46.70
- Target
- 32.07
- -31.3%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
GGL has completed a head & shoulders on the daily chart with the head at 27.70 and the neckline at 18.41.
- Close
- 19.10
- Target
- 8.25
- -56.8%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
GATI has completed a head & shoulders on the daily chart with the head at 108.98 and the neckline at 77.88.
- Close
- 81.00
- Target
- 48.12
- -40.6%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
FASM has completed a head & shoulders on the daily chart with the head at 425.00 and the neckline at 294.39.
- Close
- 324.99
- Target
- 112.61
- -65.3%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
DWAE has completed a head & shoulders on the daily chart with the head at 42.81 and the neckline at -3.13.
- Close
- 20.52
- Target
- -26.89
- -231.0%
- Stop
- —
08 Oct 2026 Chart pattern
Head & Shoulders forming
DNCC has completed a head & shoulders on the daily chart with the head at 28.07 and the neckline at 12.49.
- Close
- 18.00
- Target
- -0.49
- -102.7%
- Stop
- —
08 Oct 2026 Chart pattern
Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.