What chart pattern is ChartPattern.io tracking on O'Reilly Automotive?
ChartPattern.io is currently tracking Double Bottom on O'Reilly Automotive in the Consumer Discretionary stock. Secondary context includes Falling Wedge and Descending Triangle.
Live Consumer Discretionary stock scanner page for O'Reilly Automotive. Review the double bottom setup, chart structure, and trade levels in one place.
Market participants tracking O'Reilly Automotive should note the latest formation. Currently at $85.51, the asset is showing downward momentum (-0.66%). The primary technical feature is a Double Bottom formation. The trend indicator is reading 32.7/100, suggesting moderate momentum. A potential breakout level is identified at $94.12, targeting $103.4 with support near $89.48 (R:R 2.0).
ORLY is part of the Consumer Discretionary stock on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $94.12, a stop around $89.48, and a target near $103.40.
Double Bottom
53/100 CP Index
Entry $94.12 · Stop $89.48 · Target $103.40
See how the Double Bottom is playing out for ORLY. View live chart.
Reversal pattern after a downtrend.
Reversal pattern. Price likely to break upwards.
Bearish continuation pattern.
What is your outlook on ORLY?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on ORLY.
ChartPattern.io is currently tracking Double Bottom on O'Reilly Automotive in the Consumer Discretionary stock. Secondary context includes Falling Wedge and Descending Triangle.
The current trade plan points to an entry near $94.12, a stop near $89.48, and a target near $103.40.
O'Reilly Automotive currently leans neutral. The page is showing a CP Index of 53/100, which helps summarize the current technical setup.