TCMPX Stock Tickeron detected bearish Mutual Fund Pattern: Head-and-Shoulders Top on June 20, 2024

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TCMPX - AMG TimesSquare International SmallCap N

Emerged: 06/20/24

Breakout: $14.81

Price: $14.97

Target price: $14.32

A.I.dvisor detected a bearish Head-and-Shoulders Top pattern for TCMPX stock. This pattern was detected on June 20, 2024 . The odds of reaching the target price are .

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.