Three Rising Valleys- Explained
Among the patterns that the Tickeron Pattern Search Engine identifies is one called Three Rising Valleys. The name is pretty self-explanatory and indicates what the pattern looks like. The pattern is a bullish one and it develops after a consolidation period or a small decline in the stock. Let’s look at how the pattern forms.
There is a small rise and then a small decline that forms the first valley. Another rise is followed by another small decline where the stock doesn’t drop as low as the first valley and that forms the second valley. Another rise is followed by another decline that doesn’t drop as low as the second valley. This forms the third valley.
After the third valley is formed, the stock rises and the breakout price occurs when the stock rises above the high between the second and third valleys.
The drawing is pretty clean and it makes it easy to see, but not all actual patterns will be this easy to spot. Below is an actual chart of a three rising valleys pattern on Abbott Labs that formed from May through August of 2018.
The first valley is formed in early May with the second valley forming in late June/early July. The third valley formed in mid-August and the breakout occurred on August 24. Over the next five weeks the stock jumped 12.4%, from just over $66 to over $74 a share.
The Tickeron Pattern Search Engine has found almost 10,000 Three Rising Valley patterns over the last few years where the confidence level was over 40. In those instances, the success rate was 54.5%.
The average gain on successful trades was 14.13%. When the pattern failed, the average loss was only 7.58%. When the average win is almost twice as high as the average loss and the winning percentage is over 50%, investors can make money on a consistent basis.
With the success rate and with the average return on successful readings being so much better, investors could have a tremendous advantage. The Tickeron Pattern Search Engine can help investors find trading opportunities with the touch of a button.
To see how Tickeron’s AI can help you find Three Rising Valley patterns along with 36 other patterns, sign up for a 45-day free trial today.
ABT in +0.64% Uptrend, advancing for three consecutive days on June 23, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ABT advanced for three days, in of 317 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 50 cases where ABT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 309 cases where ABT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on June 26, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on ABT as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for ABT turned negative on June 27, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ABT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ABT broke above its upper Bollinger Band on June 24, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.038) is normal, around the industry mean (24.307). P/E Ratio (34.383) is within average values for comparable stocks, (77.706). Projected Growth (PEG Ratio) (6.149) is also within normal values, averaging (5.667). Dividend Yield (0.019) settles around the average of (0.018) among similar stocks. P/S Ratio (4.888) is also within normal values, averaging (42.612).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. ABT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock slightly better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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General Information
a manufacturer of health care products
Industry MedicalSpecialties
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