GET DAILY SIGNALSThree 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.
Contributor
Harry Richardson — Algorithmic Trader & Strategy Developer Harry is an algorithmic trader specializing in impulse and breakout trading strategies across cryptocurrency and equity markets. With more than 10 years of experience in developing automated trading systems, he focuses on building structured algorithms designed to capture momentum while maintaining strict risk control. His approach combines quantitative analysis, real-market execution, and continuous performance monitoring. Vitalii prioritizes risk management, drawdown control, and strategy stability over short-term optimization, ensuring algorithms are adaptable to changing market conditions. He has developed and tested hundreds of automated strategies, working extensively with live trading environments, forward testing, and portfolio-level algorithm management. His work centers on transforming trading ideas into fully operational, scalable automated systems.
ABT in +3.47% Uptrend, advancing for three consecutive days on October 30, 2026
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 170 of 304 cases, the price rose further within the following month. The odds of a continued upward trend are 56%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where ABT's RSI Indicator exited the oversold zone, 20 of 37 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 54%.
The Momentum Indicator moved above the 0 level on October 30, 2026. You may want to consider a long position or call options on ABT as a result. In 46 of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 55%.
The Moving Average Convergence Divergence (MACD) for ABT just turned positive on October 09, 2026. Looking at past instances where ABT's MACD turned positive, the stock continued to rise in 29 of 54 cases over the following month. The odds of a continued upward trend are 54%.
ABT moved above its 50-day moving average on October 29, 2026 date and that indicates a change from a downward trend to an upward trend.
The Aroon Indicator entered an Uptrend today. In 136 of 264 cases where ABT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 52%.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 56%.
ABT broke above its upper Bollinger Band on October 15, 2026. 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.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is 4 (best 1 - 100 worst), pointing to outstanding 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.
The Tickeron Price Growth Rating for this company is 46 (best 1 - 100 worst), indicating steady 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 Valuation Rating of 67 (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (3.596) is normal, around the industry mean (4.209). P/E Ratio (34.258) is within average values for comparable stocks, (1.433). Projected Growth (PEG Ratio) (1.853) is also within normal values, averaging (11.253). Dividend Yield (0.024) settles around the average of (0.010) among similar stocks. P/S Ratio (3.836) is also within normal values, averaging (40.124).
The Tickeron SMR rating for this company is 68 (best 1 - 100 worst), indicating slightly better than average sales and a considerably 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 95 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ABT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 95, placing this stock worse than average.
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Fundamental Analysis Ratings
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General Information
a manufacturer of health care products
Industry MedicalNursingServices
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