Stocks With a Bullish Pennant Chart Pattern Today

How to Use Our Scanner for Bullish Pennant Stocks

The above list represents stocks that have bullish pennant chart patterns today.

It's powered by our proprietary stock scanner, which searches once per day for stocks that have bullish pennant patterns.

You can sort columns using the up and down arrows next to the column name. You can add filters for the column values by clicking the "Add Filter" button above the list of bullish pennant stocks.

This video shows how to use our scanner:

 

 

Scanner Features that Require a Subscription

Our free scanner offers you the ability to find stocks that have bullish pennant chart patterns, but you may need more than that to ensure you're making trades that have a true edge.

Our paid scanner service is designed to offer you all the intelligence our research can offer. These are the scanner features you get if you pay for a subscription:

 

• See the historical backtested performance for each scan result. It looks like this:

 

 

• See full trade setups for each scan result, including when to enter and exit. It looks like this:

 

 

• Get alerted when there are new scan results (by text or email).

 

• Get access to real-time scan updates throughout the trading day.

 

• Access scan results for all trading strategies in a single scan to easily see which trade setups have the best backtested performance across the entire market at any given time.

 

• Get access to scan results for our proprietary trading strategies, which required years of research to develop.

 

 

Here's a video that explains the difference between our free bullish pennant scanner and our paid scanner service:

 

 

 

What Exactly Is a Bullish Pennant?

A bullish pennant is a stock chart pattern characterized by three trend lines.

The first trend line is on the left side of the pattern and is typically a steep upward sloping line. This is considered the "flagpole" of the bullish pennant pattern.

The other two trendlines serve as the "flag". They converge to form the shape of a sideways triangle. One is a downward sloping line of resistance along the top that connects the price peaks. The other is an upward sloping line of support along the bottom that connects the price troughs.

The triangular flag pattern connects to the top of the flagpole trendline in a bullish pennant.

 

 

That image is a graphical icon that gives an idea visually of what a bullish pennant chart pattern looks like.

 

How We Find Bullish Pennant Stocks Each Day

Our one-of-a-kind scanning technology is at the heart of everything we do here. We have a way to program a trading strategy into our scanner, and then it uses real-time data feeds to find any stocks that meet the criteria of the trading strategy.

In the case of finding stocks that have a bullish pennant pattern each day, our scanner looks for stocks that have a price bar pattern that looks like a pole with two converging trendlines that form a triangular flag shape.

 

Our Criteria for Defining Bullish Pennant Stocks

To find stocks that have bullish pennant patterns, our scanner first looks for stocks that have had a sharp uptrend recently (the pole).

After the pole, the stocks need to exhibit price patterns where the swing lows are getting higher and the swing highs are getting lower. This creates two trendlines. The top trendline is downward-sloping and the bottom trendline is upward-sloping.

 

Other Popular Scans at Stock Market Guides

Want to see scans we have for other popular indicators, chart patterns, and candlestick patterns? Check them out here:

 

 

Have Questions About Bullish Pennant Stocks or Our Services?

If you have questions about stocks with bullish pennant patterns or questions about any services we offer, you can contact us any time and we'll be ready to help.