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

TATM chart Daily Forming
TATM ▼ Bearish

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

PTL chart Daily Forming
PTL ▼ Bearish

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

PSEL chart Daily Forming
PSEL ▼ Bearish

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

PREMA chart Daily Forming
PREMA ▼ Bearish

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

PKGS chart Daily Forming
PKGS ▼ Bearish

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

PAKRI chart Daily Forming
PAKRI ▼ Bearish

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

PAKD chart Daily Forming
PAKD ▼ Bearish

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

NATF chart Daily Forming
NATF ▼ Bearish

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

MIRKS chart Daily Forming
MIRKS ▼ Bearish

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

MFL chart Daily Forming
MFL ▼ Bearish

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

MCB chart Daily Forming
MCB ▼ Bearish

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

LSECL chart Daily Forming
LSECL ▼ Bearish

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

KOSM chart Daily Forming
KOSM ▼ Bearish

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

JLICL chart Daily Forming
JLICL ▼ Bearish

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

JATM chart Daily Forming
JATM ▼ Bearish

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

IBLHL chart Daily Forming
IBLHL ▼ Bearish

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

IBFL chart Daily Forming
IBFL ▼ Bearish

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

HAFL chart Daily Forming
HAFL ▼ Bearish

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

GWLC chart Daily Forming
GWLC ▼ Bearish

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

GGL chart Daily Forming
GGL ▼ Bearish

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

GATI chart Daily Forming
GATI ▼ Bearish

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

FASM chart Daily Forming
FASM ▼ Bearish

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

DWAE chart Daily Forming
DWAE ▼ Bearish

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

DNCC chart Daily Forming
DNCC ▼ Bearish

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.

← All pattern signals