HY Stock Tickeron detected bearish Stock Pattern: Triple Tops on June 10, 2024

A.I.dvisor
at Tickeron.com
06/12/24
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Triple Tops
HY - Hyster-Yale Inc.
Emerged: 06/10/24
Breakout: $71.49
Price: $76.11
Target price: $67.15
A.I.dvisor detected a bearish Triple Tops pattern for HY stock. This pattern was detected on June 10, 2024 . The odds of reaching the target price are 6. The Triple Tops pattern appears when there are three distinct minor Highs (1, 3, 5) at about the same price level. The security is testing the upper resistance level (horizontal line formed by (1, 3, 5). Consider selling the security short or buying a put option at a downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.
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A.I. Advisor
published General Information

General Information

a manufacturer of lift trucks

Industry TrucksConstructionFarmMachinery

Profile
Fundamentals
Details
Industry
Trucks Or Construction Or Farm Machinery
Address
5875 Landerbrook Drive
Phone
+1 440 449-9600
Employees
8600
Web
https://www.hyster-yale.com