Flash Finance

Double Top Pattern

Two failed attempts at the same high, separated by a dip — the classic M.

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

Price makes a high, pulls back, rallies to almost exactly the same high and fails again. The low between the two peaks is the neckline.

Why it forms

The second failure tells everyone who bought the first peak that the price is not going through. Their exit is what breaks the neckline.

🎯 Trigger

A close below the neckline — the low between the two peaks. Until that happens it is just a pullback.

📏 Target

Measure from the peaks down to the neckline and project that distance below the neckline.

🛑 Invalidation

A close above the twin peaks, which turns the whole thing into a base rather than a top.
❓ Double Top FAQ
What does a double top mean?
That a price level has now rejected the stock twice. It is a bearish reversal signal, but only after the neckline breaks — many double tops never complete.
How far apart should the two tops be?
Far enough to be separate events — typically several weeks on a daily chart — and within a few percent of each other in price. Two highs a few days apart are one top, not two.
Is a double top reliable?
It is one of the more reliable reversal patterns once the neckline breaks on volume. Trading it before the break has a much poorer record, because the second peak is often exceeded.
↔ Related formations
Head and Shoulders (36) Inverse Head and Shoulders (17) Double Bottom (24) Triple Top (78) Triple Bottom (71) 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.