DECA Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top on November 12, 2024

GET DAILY SIGNALS

Get AI intraday signals

A.I.dvisor
at Tickeron.com

Buy or Sell

View Daily Signals

Head-and-Shoulders Top

DECA - Denali Capital Acquisition Corp

Emerged: 11/12/24

Breakout: $11.43

Price: $12

Target price: $10.98

A.I.dvisor detected a bearish Head-and-Shoulders Top pattern for DECA stock. This pattern was detected on November 12, 2024 . The odds of reaching the target price are 8. The pattern forms with a center peak (the Head, labeled 3) and left and right Shoulders (1, 5). Eventually the security stops testing highs and reverses trend into a decline. Consider selling a security short before it declines or buying a put option to benefit from the price decline. To improve success chances, wait for a confirmation move: allow the price to break below the Neckline level (2, 4), which is calculated as the average of the two lows between the Head and the Shoulders.

View a ticker or compare two or three

Compare

Ad is loading...

A.I.Advisor

published price charts

A.I. Advisor

published General Information

General Information

Industry FinancialConglomerates

Profile

Fundamentals

Details

Industry

N/A

Address

437 Madison Avenue

Phone

+1 646 978-5180

Employees

Web

N/A