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

A.I.dvisor
at Tickeron.com
02/13/24
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Head-and-Shoulders Top
MHH - Mastech Digital
Emerged: 02/12/24
Breakout: $8.43
Price: $8.42
Target price: $8.08
A.I.dvisor detected a bearish Head-and-Shoulders Top pattern for MHH stock. This pattern was detected on February 12, 2024 . The odds of reaching the target price are 6. 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.
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General Information

a provider of information technology and specialized healthcare staffing services

Industry PersonnelServices

Profile
Fundamentals
Details
Industry
Personnel Services
Address
1305 Cherrington Parkway
Phone
+1 412 787-2100
Employees
1648
Web
https://www.mastechdigital.com