Thomas Bulkowski’s successful investment activities allowed him to retire at age 36. He is an internationally known author and trader with 30 years of stock market experience and widely regarded as a leading expert on chart patterns. His four books, including the best selling Encyclopedia of Chart Patterns, have been translated into seven languages. He may be reached at

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Bulkowski's Scoring for Symmetrical Triangles

Market

Industrials (^DJI):

Transports (^DJT):

Utilities (^DJU):

Nasdaq (^IXIC):

S&P 500 (^GSPC):

As of 02/03/2012

12,862 156.82 1.2%

5,369 63.27 1.2%

451 1.52 0.3%

2,906 45.98 1.6%

1,345 19.36 1.5%

YTD

5.3%

7.0%

-2.9%

11.5%

6.9%

Tom's Targets Overview: 02/03/2012

13,100 or 12,400 by 02/15/2012

5,500 or 5,150 by 02/15/2012

470 or 440 by 02/15/2012

3,100 or 2,800 by 02/15/2012

1,375 or 1,300 by 02/15/2012

Test Portfolios and CPI

Indus. strength: 4.3%

Mutt Losers: None YTD

Mutt Winners: 2.4%

Wilder RSI: None YTD

CPI:

on 12/20/2011

My book, Trading Classic Chart Patterns, pictured on the right, has additional details on this scoring system.

This page scores symmetrical triangle chart patterns. Patterns with scores above 0 show gains averaging 46% (upward breakouts) or declines averages 29% (downward breakouts). Scores below 0 show gains of 19% and declines of 16%. High scores do not guarantee good performance, nor does a low score mean you found a stinker.

Scoring for Symmetrical Triangles

Please provide the following information:

What is the highest price in the chart pattern?

What is the lowest price in the chart pattern?

What is the highest price for the stock over the last 52 weeks?

What is the lowest price for the stock over the last 52 weeks?

How many shares of stock are outstanding?

What is the (anticipated) breakout price (use trendline pierce price)?

What direction is the breakout?
Up Down

Trend start: How long is the price trend leading to the start of the chart pattern?
0-3 months 3-6 months Over 6 months

Horizontal consolidation region: Is overhead resistance in the way of price movement?
Yes No

Volume trend: Skip if breakout is upward. Is volume trending up or down in the chart pattern?
Up Down

Breakout volume: Is breakout volume above the 30-day average? If no breakout yet, answer No.
Yes No

Throwbacks or pullbacks: Do you think a throwback (upward breakout) or pullback (downward breakout) will occur (usually answer Yes)?
Yes No

Gaps: Skip if breakout is upward. Did a gap occur on the breakout (if no breakout yet, answer No)?
Yes No

Market trend: Skip if breakout is downward. Is the general market trending up or down?
Up Down

-- Thomas Bulkowski

Enter Symbol

This loads yahoo!finance then use the Key Statistics link to find the 52-week high, low, and shares outstanding.

Bulkowski's Scoring for Symmetrical Triangles

Scoring for Symmetrical Triangles

See Also