Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom on April 30, 2024

A.I.dvisor
at Tickeron.com
05/01/24
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Head-and-Shoulders Bottom
SXI - Standex International Corp
Emerged: 04/30/24
Breakout: $176.03
Price: $172.88
Target price: $184.93
A.I.dvisor detected a bullish Head-and-Shoulders Bottom pattern for SXI stock. This pattern was detected on April 30, 2024 . The odds of reaching the target price are 6. The Head-and-Shoulders Bottom pattern is formed when the price of a security creates a center trough (the inverted head, labeled 3) and the left and right inverted shoulders (1, 5). After reaching the lowest low (the Head, 3) the next low is shallower and the trend reverses course to the upside. Consider buying a security or a call option at the low once the pattern is confirmed, which is known as the breakout point. The pattern is confirmed when the price breaks above the Neckline (2,4).
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SXIDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of a variety of products and services for diverse commercial and industrial markets

Industry IndustrialMachinery

Profile
Fundamentals
Details
Industry
Miscellaneous Manufacturing
Address
23 Keewaydin Drive
Phone
+1 603 893-9701
Employees
3800
Web
https://www.standex.com