Flash Finance

Head and Shoulders Pattern

Three peaks with the middle one highest — the best known topping pattern there is.

Bearish Reversal pattern 22 stocks showing it now Scanned 2026-09-01
📊 Stocks forming a head and shoulders right now
Timeframe All Daily Weekly · State All Forming Broken out ↑ Broken down ↓

Showing 22 of 22. Trigger is the price a daily close must clear for the pattern to complete; Target is the measured move it projects, marked ≈ while the break has not happened yet.

Stock TF State CMP Trigger Away Target Touches
SUNFLAGSunflag Iron And Steel Company LimitedDaily Bearish ₹340 ₹340 0.1% ≈₹286 (-16%) 5
PURVAPuravankara LimitedWeekly Bearish ₹211 ₹211 0.2% ≈₹152 (-28%) 5
HDFCAMCHDFC Asset Management Company LimitedWeekly Bearish ₹2,542 ₹2,556 0.6% ≈₹2,157 (-15%) 5
JKCEMENTJK Cement LimitedDaily Bearish ₹5,082 ₹5,119 0.7% ≈₹4,569 (-10%) 5
PIINDPI Industries LimitedDaily Bearish ₹2,386 ₹2,410 1.0% ≈₹2,046 (-14%) 5
FEDERALBNKThe Federal Bank LimitedDaily Bearish ₹350 ₹346 1.4% ≈₹305 (-13%) 5
INDUSINDBKIndusInd Bank LimitedDaily Bearish ₹998 ₹984 1.4% ≈₹890 (-11%) 5
EIHOTELEIH LimitedWeekly Bearish ₹288 ₹284 1.5% ≈₹215 (-25%) 5
OLECTRAOlectra Greentech LimitedWeekly Bearish ₹1,266 ₹1,235 2.5% ≈₹914 (-28%) 5
CAMSComputer Age Management Services LimitedDaily Bearish ₹759 ₹738 2.7% ≈₹653 (-14%) 5
GSFCGujarat State Fertilizers & Chemicals LimitedWeekly Bearish ₹159 ₹154 3.6% ≈₹124 (-22%) 5
ANURASAnupam Rasayan India LimitedWeekly Bearish ₹1,262 ₹1,216 3.6% ≈₹1,006 (-20%) 5
CELLOCello World LimitedDaily Bearish ₹350 ₹337 4.0% ≈₹264 (-25%) 5
MAHABANKBank of MaharashtraWeekly Bearish ₹83.32 ₹77.56 6.9% ≈₹59.81 (-28%) 5
LICILife Insurance Corporation Of IndiaWeekly Bearish ₹415 ₹383 7.7% ≈₹324 (-22%) 5
SISSIS LIMITEDWeekly Bearish ₹429 ₹396 7.8% ≈₹311 (-28%) 5
ITCHOTELSITC Hotels LimitedWeekly Bearish ₹162 ₹148 8.1% ≈₹109 (-33%) 5
MAXHEALTHMax Healthcare Institute LimitedWeekly Bearish ₹1,011 ₹920 9.0% ≈₹672 (-34%) 5
JSWDULUXJSW Dulux LimitedWeekly Bearish ₹3,146 ₹2,846 9.6% ≈₹2,340 (-26%) 5
KIRLFERKirl. FerrousWeekly Bearish ₹453 ₹408 9.8% ≈₹303 (-33%) 5
BIRETBrookfield India Real Estate TrustWeekly Bearish ₹342 ₹299 12.5% ≈₹238 (-30%) 5
NMDCNMDC LimitedWeekly Bearish ₹86.11 ₹74.55 13.4% ≈₹51.61 (-40%) 5
📖 What a head and shoulders is

A peak (left shoulder), a higher peak (head), then a lower peak roughly level with the first (right shoulder). The line joining the two troughs is the neckline, and it may slope.

Why it forms

The head is the last surge of buying. The right shoulder failing to reach it says that buying is gone. Breaking the neckline confirms the uptrend's structure of higher highs and higher lows is over.

🎯 Trigger

A close below the neckline. A right shoulder alone is not a signal.

📏 Target

Measure from the top of the head down to the neckline and project that distance below the break point.

🛑 Invalidation

A close above the right shoulder before the neckline breaks, and above the head at any point.
🖼 Example on a live chart

SUNFLAG — Daily

Forming
SUNFLAG head and shoulders pattern on daily candles, with the pattern boundaries and breakout level drawn
The shaded band is the formation. On tops and bottoms the indigo line traces the shape itself — up into the left shoulder, over the head, and away from the right — and the dashed line is the neckline it has to break; on triangles, wedges and channels the two solid boundaries are the pattern. Triangle markers are the swing highs and lows those lines were fitted through, and the dash-dot line is the measured-move target once the pattern has broken.
❓ Head and Shoulders FAQ
What does a head and shoulders pattern indicate?
A likely end to an uptrend. It is a reversal pattern, and it is confirmed only when price closes below the neckline — an unconfirmed head and shoulders fails often enough that trading it early is a losing habit.
Does the neckline have to be horizontal?
No. The two troughs are rarely at the same price, so the neckline usually slopes. A down-sloping neckline is generally read as more bearish. Flash Finance draws the neckline through both troughs rather than flattening it to an average.
What is an inverse head and shoulders?
The same shape upside down — a low, a lower low, then a higher low — and it is a bullish bottoming pattern instead of a bearish topping one.
↔ Related formations
Inverse Head and Shoulders (17) Double Top (33) 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.