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NSYS Stock Tickeron detected bearish Stock Pattern: Pennant on May 19, 2025

A.I.dvisor
at Tickeron.com
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Pennant
NSYS - Nortech Systems
Tickeron
Emerged: 05/19/25
Breakout: $8.6
Price: $8.73
Target price: $7.53
A.I.dvisor detected a bearish Pennant pattern for NSYS stock. This pattern was detected on May 19, 2025 . The odds of reaching the target price are 7. It forms when falling prices experience a consolidation period, and the price moves within a narrow range defined by the converging lines through points (2, 4) and (3, 5). Consider selling the security short or buying a put option at the 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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published General Information

General Information

a manufacturer of wire, cable and other electronic assemblies

Industry MedicalSpecialties

Profile
Fundamentals
Details
Industry
Electronic Components
Address
7550 Meridian Circle North
Phone
+1 952 345-2244
Employees
775
Web
https://www.nortechsys.com