Triple Bottom Pattern

Three successful defences of the same low — a base with more proof behind it than a double bottom.

Bullish Reversal pattern 4 stocks showing it now Scanned 2026-10-16

📊 Stocks forming a triple bottom right now

Timeframe All Daily Weekly · State All Forming Broken out ↑ Broken down ↓

Showing 4 of 4. 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
INDHOTELThe Indian Hotels Company Limited	Daily	▲ Broken out	₹772.10	₹755.00	broken	₹808.45 (+5%)	5
AXISBANKAxis Bank Limited	Daily	Bullish	₹1,290.00	₹1,300.00	0.8%	≈₹1,425.00 (+10%)	5
PTCPTC India Limited	Daily	Bullish	₹149.93	₹158.63	5.8%	≈₹170.80 (+14%)	5
SWARAJENGSwaraj Engines Limited	Daily	Bullish	₹3,514.40	₹3,949.50	12.4%	≈₹4,482.50 (+28%)	5

📖 What a triple bottom is

Three troughs at roughly the same price with two peaks between them. A line through the peaks is the neckline.

Why it forms

A floor that has absorbed three waves of selling. By the third test the sellers are largely done, and the breakout faces little overhead supply until the neckline.

🎯 Trigger

A close above the neckline drawn through the intervening highs.

📏 Target

Project the height from the lows to the neckline up from the break.

🛑 Invalidation

A close below the three lows. A floor that fails on the third test usually fails badly.

🖼 Example on a live chart

INDHOTEL — Daily

Broken out ↑

INDHOTEL triple bottom 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.

❓ Triple Bottom FAQ

Is a triple bottom a good buy signal?

After the neckline breaks, yes — it is one of the cleaner basing patterns. Before that it is a support level, and support levels do eventually break.

How is a triple bottom different from a rectangle?

A triple bottom's highs need not be equal, only its lows; a rectangle needs both flat. In practice a triple bottom with a flat top IS a rectangle, and Flash Finance labels it whichever fits the price action more tightly.

What volume should a triple bottom breakout have?

Meaningfully above its recent average. A neckline break on quiet volume is the setup most likely to fail back into the base.

↔ Related formations

Head and Shoulders (26) Inverse Head and Shoulders (5) Double Top (40) Double Bottom (10) Triple Top (55) All patterns →

📚 Today's chart books (PDF)

About the chart books →

Daily Chart Pattern Book 100 annotated charts across 17 pattern types, 15 breakouts and breakdowns 16 Oct 2026 close · 54 pages · 9.2 MB Open PDF F&O Chart Pattern Book 100 F&O stocks · 15 pattern types · 21 breaks (1 up, 20 down) 16 Oct 2026 close · 54 pages · 9.3 MB Open PDF Chart Pattern Research Book 100 stocks, one per page, each with its last 3 high-impact NSE announcements 16 Oct 2026 close · 104 pages · 9.6 MB Open PDF Trendline Touches 25 falling trendlines from the top (resistance) · 25 rising trendlines from the bottom (support) 16 Oct 2026 close · 55 pages · 4.6 MB Open PDF Channel Tests 25 testing the lower channel line (support) · 25 testing the upper line (resistance) 16 Oct 2026 close · 55 pages · 5.1 MB Open PDF Change of Polarity 19 stocks where old resistance is being retested as support 16 Oct 2026 close · 24 pages · 2.0 MB Open PDF

Educational only. Prepared with AI assistance and reviewed by our editors; still check prices and levels yourself. Not investment advice.

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.