Head & Shoulders TopNeckline ~66.27 has broken. Measured-move risk extends toward ~55.78; a fast reclaim of 66.27 would be a failed breakdown (often bullish).
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
Market Structure
Trend structure:range
Latest event:bos(bearish)
Support
54.47–54.90
· 5 touches · strong
Resistance
57.50–57.80
· 4 touches · moderate
Resistance
65.77–66.15
· 4 touches · moderate
Inside
56.38–56.79
· 4 touches · moderate
Resistance
64.64–64.99
· 3 touches · moderate
Momentum Turn Watch
Bollinger SqueezeBollinger band width (4.6%) is in the bottom quartile of its last 120 sessions — Legend's width-percentile squeeze (not a TTM/Keltner squeeze), so volatility is compressed and a sharper move often follows.
Early technical context only. Wait for price, volume, and the canonical setup trigger to confirm; this signal does not change readiness or the setup score.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks.
What's a breakout?
Latest candle: Doji — Open and close nearly equal — indecision. After a strong move it can signal a pause or pending reversal; wait for confirmation.
RS Line vs SPY52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
Accumulation / Distributionlast 65 sessions · green = acc on high vol · red = dist on high vol
Net -4
A
No patterns detected
This symbol didn't match any pattern in the latest scan.
Minervini Trend Template
2/8
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✗
Price above SMA 150 & 200$56.44 vs SMA150 $62.37 / SMA200 $61.81
✓
SMA 150 above SMA 200SMA150 $62.37 vs SMA200 $61.81