Screener of Stock Bullish Rectangle Bottom
AI Pattern Search Engine (PSE) V2

Operating the Pattern Search Engine is easy and straightforward


  • Set up pattern search criteria
  • Receive patterns in your feed
  • Bookmark patterns to track their status
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$30/month afterwards

How It Works

Trading patterns is one of the most sophisticated trading strategies. It exploits the psychology of market participants, and takes advantage of the knowledge of market insights.If you want to use AI to discover these hidden effects, then Tickeron’s Pattern Search Engine is the tool you need. Using PSE, AI will teach you to recognize patterns and entry and exit points.

Pattern Types and Stats



Rectangle Bottom

Rectangle Bottom pattern

The Rectangle Bottom pattern forms when the price of a security is stuck in a range bound motion. Two horizontal lines (1, 3, 5) and (2, 4) form the pattern as the security bounces up and down between support and resistance levels. Depending on who gives up first ­ buyers or sellers ­ the price can breakout in either direction.

This pattern is commonly associated with directionless markets. Usually, the pattern performs better when there is a strong downtrend leading into the formation.

Trade Idea

If the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the breakout price level. To identify an exit, compute the target price level by adding the pattern height (which is the distance between the horizontal lines) to the breakout price.

To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.

Rectangle Bottom (Bullish)
PCSB PCSB Financial Corp
Stock
ODDS FOR THIS TICKER: 90%
Aug 16
Aug 24
77%
4%
Rectangle Bottom (Bullish)
CTRA Coterra Energy
Stock
ODDS FOR THIS TICKER: 90%
Aug 18
Aug 23
73%
1%
Rectangle Bottom (Bullish)
HTLFP Heartland Financial USA
Stock
ODDS FOR THIS TICKER: 50%
Jul 19
Jul 29
76%
22%
Rectangle Bottom (Bullish)
HTLFP Heartland Financial USA
Stock
ODDS FOR THIS TICKER: 50%
Jun 10
N/A
82%
5%
Rectangle Bottom (Bullish)
SAFT Safety Insurance Group
Stock
ODDS FOR THIS TICKER: 63%
Jan 28
N/A
78%
78%