Ascending Triangle Setup
Flat resistance at the top, rising lows below — a coil where buyers are willing to pay higher prices each test while sellers defend a fixed line. Resolves with a breakout above the flat top on volume.
Target before stop: 10% reached +20% before −8% within 40 sessions. Sample: n=151 eligible setups. Average: -0.2% per setup (-0.02R).
Source-bar window: 2024-11-01–2026-10-26. Entry requires an executable breakout fill after the signal; unresolved setups receive the full replay window. Historical and illustrative, not predictive. No brokerage slippage, fees, taxes, or individualized sizing.
How this is measured →Setup Criteria
- › Multiple touches of a flat horizontal resistance
- › At least 2 ascending lows showing rising demand
- › Pattern duration 4–12 weeks typically
- › Volume contracts during pattern, surges on breakout
Breakout above the flat top resistance on volume.
Below the most recent rising low.
Worked Example
CVX — flagged as a Ascending Triangle on Oct 27, 2026 (score 88). 26 weekly bars with the 10-week SMA.
Entry / stop / target annotations are drawn for Pro members. Unlock →
Historical detection shown for education — not a current recommendation.
What Happened Next
Forward returns after the scanner first flagged a Ascending Triangle (score ≥ 70, gatekeeper passed, one signal per base) — computed from stored daily bars, no lookahead. 35 historical signals.
| After | Median Return | % Positive | Sample |
|---|---|---|---|
| 5 sessions | +0.5% | 57.1% | 35 |
| 10 sessions | -1.1% | 46.4% | 28 |
| 20 sessions | -2.8% | 46.2% | 13 |
| 40 sessions | -1.6% | 33.3% | 9 |
Median best move inside 40 sessions: +4.6% · median worst drawdown: -5.6%. Past scanner behavior does not guarantee future outcomes. Not investment advice.
Today's Ascending Triangle Setups — 6 found
| Ticker | Setup score | RS score | Trend |
|---|---|---|---|
| CVX Chevron Corporation | 88 | 89 | ✓ |
| EMR Emerson Electric Company | 73 | 70 | ✓ |
| JCI Johnson Controls International plc | 72 | 71 | ✓ |
| XOM Exxon Mobil Corporation | 70 | 90 | ✓ |
| ZBRA Zebra Technologies Corporation | 70 | 94 | ✓ |
| ULTA Ulta Beauty, Inc. | 68 | 74 | ✓ |
All Ascending Triangle Matches — 6 in the latest scan
Every match from the latest run, annotated with the detector's rails. Click any card for the full chart and trade plan.