In progress now Lower highs and lower lows · Runs, breaks and structure · reading down
8 hits in 111 candles · test this one alone Sign in to be alertedHit on the latest weekly candle — week of 05 Oct 2026
Lower highs and lower lows completed on the candle that closed at week of 05 Oct 2026, a down reading. That is the newest candle on file, so this is in progress now.
What the candles did
2 lower highs and lower lows on swings of at least 3%: lows 484.35, 443.90, 441.10; highs 565.90, 463.00.
What this pattern is taken to mean
Downtrend structure: each swing high below the last and each swing low below the last.
What followed on this name's own record
After 7 earlier hits on this name's weekly candles, the close 4 weeks later went the hit's way 2 times of 7 (29%). Median move in the hit's direction -2.50%; best +4.10%, worst -12.04%. Within the window the move typically reached +2.46% in the hit's favour and -6.02% against it. On this name it has more often gone the other way.
An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.
The rule, exactly as checked · swings = 2, swing_pct = 3
- Find swing highs and lows with the zigzag (pivot confirmed after a swing_pct move against it).
- Take every window of 2×swings+1 consecutive confirmed pivots.
- Require each swing high below the previous swing high, and each swing low below the previous swing low.
- The pattern completes on the candle where the last pivot was confirmed.
- The last swing high is reported as the level the structure hangs from.
The last 8 hits on this name
- week of 05 Oct 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 484.35, 443.90, 441.10; highs 565.90, 463.00.
- week of 30 Mar 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 448.75, 391.10; highs 569.15, 465.50, 427.70.
- week of 23 Mar 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 529.05, 448.75, 391.10; highs 569.15, 465.50.
- week of 02 Mar 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 529.05, 448.75; highs 594.55, 569.15, 465.50.
- week of 06 Oct 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 554.80, 522.30, 506.10; highs 582.00, 557.85.
- week of 15 Sep 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 554.80, 522.30; highs 605.00, 582.00, 557.85.
- week of 13 Jan 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 463.75, 437.75; highs 629.50, 497.95, 472.40.
- week of 30 Dec 2024 down 2 lower highs and lower lows on swings of at least 3%: lows 570.15, 463.75, 437.75; highs 629.50, 497.95.