Head & Shoulders Top Watchlist Help

The Head and Shoulders Top watchlist is a list of stocks that meet our definition of a Head and Shoulders Top (HST) chart pattern (see the methodology tab). This pattern is a reliable indicator for stocks that will continue to decline and therefore make for short position candidates. In addition to meeting the definition of a HST chart, the stock must also meet the following selection criteria:

The list can be sorted on any column heading by clicking the heading. Additional information for any stock on the list can be obtained by clicking the symbol, company name, industry or industry rank as defined below.

Column Description Link Action
Symbol Exchange Ticker Symbol
Click the symbol to get an annotated chart showing the chart characteristics.
Company Name Company Name Click the name to get an evaluation of the stocks timeliness, technical and fundamental condition.
Company Industry Industry group to which the company belongs. Our industry classification contains 215 industries and can be browsed or searched from the Analysis > Industry Analysis > Industry Groups. Click to see a list of all stocks in the industry ordered by technical rank.
Industry Rank The technical rank of the industry within the 215 industries. Click to see a chart of the industry's rank over the last 12 months.
RS Rank The Relative Strength Rank on a scale of 1-99. RS Rank compares the performance of the stock over the last 12 months against all stocks. N/A
Technical Strength The technical condition of the stock on a scale of 2-5. The scale is derived from our CE Zone Methodology. N/A
Fundamental Strength The fundamental condition of the stock on a scale of 1-5. The scale is derived from our CE Zone Methodology. N/A
Breakdown Price The price at which the stock will have crossed the neckline and completed the HST pattern. N/A
Breakdown Volume The minimum trading volume on the day the breakdown price is achieved before the stock can be considered to be a confirmed breakdown. N/A
Target Price The target price after breakdown. Obtained by subtracting the 'target' from the breakdown price. In the case of an upward sloping neckline, the target is the difference between the neckline and intraday high on the day the head is formed. In the case of a flat or downward sloping neckline, the target is the difference between the intraday low at the left shoulder and the intraday high at the head. N/A
Target % The % decline that will be achieved if the target price is reached. N/A

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