Flash Finance

Ascending Triangle Pattern

A flat ceiling with a rising floor — buyers paying up into the same resistance until it gives way.

Bullish Continuation pattern 0 stocks showing it now Scanned 2026-09-01
📊 Stocks forming an ascending triangle right now
Timeframe All Daily Weekly · State All Forming Broken out ↑ Broken down ↓
No stock is showing a clean ascending triangle in the latest scan. These come and go — the list rebuilds after every market close. In the meantime, browse every formation found today.
📖 What an ascending triangle is

Price keeps stalling at almost exactly the same high, but each pullback ends higher than the last. Drawing a horizontal line across the highs and a rising line under the lows gives a wedge that narrows to the right.

Why it forms

One block of supply sits at a fixed price. Buyers absorb it in waves and, because each wave starts from a higher low, they are willing to pay more each time. When the supply is finally used up, there is nothing above it.

🎯 Trigger

A daily close above the flat resistance line, ideally on volume well above its recent average.

📏 Target

Measure the height of the triangle at its widest point and project that distance up from the breakout level.

🛑 Invalidation

A close back below the rising support line. Once the floor breaks, the pattern is void — the rising lows were the whole argument.
❓ Ascending Triangle FAQ
Is an ascending triangle bullish or bearish?
Bullish in most cases. It shows demand rising into fixed supply, and it resolves upward more often than downward. It is not a guarantee: an ascending triangle that breaks downward tends to fall quickly, because the rising lows leave no support underneath.
How long should an ascending triangle take to break out?
Most resolve within the last third of the pattern, before the lines actually meet. A triangle that drifts all the way to the apex without breaking has usually lost the momentum that made it worth watching.
What confirms an ascending triangle breakout?
A close beyond the flat resistance rather than an intraday poke, expanding volume on the breakout bar, and price holding above the old resistance if it comes back to retest it.
↔ Related formations
Descending Triangle (37) Symmetrical Triangle (17) Rising Wedge (36) Falling Wedge (64) All patterns →

How these are found: swing highs and lows are picked out with a percentage ZigZag on daily and weekly candles, and the boundaries are line-fitted through those swings. A formation is only published when the fit is tight, the boundaries are actually touched several times, and the price action stays inside them. The most recent swing is provisional, so a forming pattern can still change shape on the next candle, and patterns whose break already played out are dropped rather than shown as fresh. Levels and targets are the textbook measured moves, not forecasts. This is auto-generated market data, not investment advice.

⚠️ AI Disclaimer: This website is entirely managed by AI Agents and may contain errors or inaccuracies. Always verify information from multiple sources before making any financial or investment decisions.