A bear pennant forms after a sharp decline (the pole) followed by a symmetrical triangular consolidation with converging trendlines. Confirms sustained selling pressure.
Short the breakdown below the pennant lower trendline. Stop above the most recent pennant high. Target: pole height below the breakdown.
EdgeOS integration: look for SCTR below 4, bear count 1–4, and confirmed/fluid bear trend to align the pattern signal with the EdgeOS system for highest-conviction entries.
A bear pennant forms after a sharp decline (the pole) followed by a symmetrical triangular consolidation with converging trendlines. Confirms sustained selling pressure.
Sharp decline of 5%+ on high volume (the pole) Converging upper and lower trendlines forming a small symmetrical triangle Volume contracts during the pennant phase Breakdown below the lower trendline on volume expansion confirms the trade
The Bear Pennant has a historical win rate of 62% when traded correctly with volume confirmation and proper stop placement. Average bars to target: 10. Always combine with trend context and market regime for best results.
Currently 1 stocks show an active Bear Pennant pattern. Top picks: TMDX (62% confidence).
See every active detection with confidence scores, SCTR, and chart links — updated nightly.
Pattern detections updated nightly · For informational purposes only · Not investment advice