SPGI

S&P GlobalFinancials

$416.02-0.24%

Descending Triangle Rectangle Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$416.02

MARAPRMAY

Profit from Descending Triangle?

Technical indicators signal a Descending Triangle forming. Verify the setup on the chart.

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Quick Actions

Trade Plan: Bearish Flag

Risk/Reward

1:2.59

Entry

$401.00

Stop

$422.50

Target

$345.30

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Rectangle

Sideways movement between parallel supports.

Symmetrical Triangle

Consolidation. Can break either way.

Bearish Flag

Bearish continuation if preceding move was down.

Market Analysis

Market participants tracking S&P Global should note the latest formation. The stock is trading at $416.02, down 0.24% on the day. Price action has carved out a classic Bearish Flag. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $401.0, targeting $345.3 with support near $422.5 (R:R 2.59).

Community Sentiment

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