As of May 30, 2026, ELAN is showing a Double Bottom pattern with 79% confidence on the daily timeframe. SCTR 8.1 (neutral zone), Confirmed Bull trend. EdgeOS buy trigger $24.24 · Target $25.09 · Stop $23.72.
Yes. ELAN is currently showing a Double Bottom pattern with 79% confidence on the daily timeframe (detected 5/30/2026).
The ELAN Double Bottom has a confidence score of 79%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.
ELAN's EdgeOS buy trigger is $24.24, target $25.09 (Saty ATR +1), stop below $23.72.
The Double Bottom has a historical win rate of 61% when traded with proper volume confirmation and stop placement. Average time to target: 18 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.
Open ELAN on a chart with EdgeOS overlays, Saty ATR levels, pattern scan, and AI research — all in one view.
Pattern data updated nightly · For informational purposes only · Not investment advice