Head & Shoulders TopNeckline ~188.00 has broken. Measured-move risk extends toward ~180.21; a fast reclaim of 188.00 would be a failed breakdown (often bullish).
Bearish MACD DivergencePrice higher high ($187.66→$189.19) but MACD lower high (1.43→0.65) — momentum diverging
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:downtrend
Latest event:bos(bearish)
Support
139.74–141.25
· 5 touches · strong
Support
132.55–133.35
· 3 touches · moderate
Resistance
172.25–173.66
· 3 touches · moderate
Resistance
181.15–182.41
· 3 touches · moderate
Support
165.90–166.16
· 3 touches · moderate
Momentum Turn Watch
Bollinger SqueezeBollinger band width (6.0%) 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: Shooting Star — Long upper shadow with a small body near the low — sellers rejected higher prices. A caution flag when price is extended above a pivot.
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
B
No patterns detected
This symbol didn't match any pattern in the latest scan.
Minervini Trend Template
5/8
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$169.55 vs SMA150 $171.72 / SMA200 $164.95
✓
SMA 150 above SMA 200SMA150 $171.72 vs SMA200 $164.95