Channel


A channel describes a chart pattern where the stock price does not move above the top of the channel or below the bottom of the channel.  The top and bottom of the channel are often horizontal lines called "resistance" and "support", respectively.

Trade-Ideas is most interested in channels which cover more time and volume but less change in price than expected.  These channels are called "consolidation" patterns. This pattern usually happen when the stock's volatility drops unexpectedly.

Alert Types

We offer the following alert types which are related to this topic.  Click on the icon for a detailed description of the alert, or click on the "more" link for additional examples of each type of alert.

Type Recent Examples More Examples
Time (NY) Symbol Message
ConsolidationNov 20th, 7:54:59 PMSVAStrong consolidation (Improving). $7.48-7.55. Shares: 1,165,599. Time: 8 hours 56 minutes.more
Channel breakout (confirmed)Nov 20th, 4:38:41 PMNTGRChannel breakout from $20.19-20.25, 1 hour 44 minutes.more
Channel breakdown (confirmed)Nov 20th, 5:41:12 PMBCSChannel breakdown from $20.28-20.36, 2 hours 33 minutes.more
Channel breakoutNov 20th, 7:58:07 PMSVUChannel breakout from $14.91-15.00, 9 hours 21 minutes.more
Channel breakdownNov 20th, 7:59:48 PMYHOOChannel breakdown from $15.37-15.42, 5 hours 14 minutes.more
Rectangle bottomNov 20th, 4:38:05 PMCMTLRectangle bottom. Prices: 30.50, 30.43, 30.51, 30.39, 30.48, 30.40. Started 1 hour 52 minutes ago. Last turn 27 minutes 58 seconds ago.more
Rectangle topNov 20th, 5:41:12 PMBCSRectangle top. Prices: 20.36, 20.31, 20.36, 20.29, 20.35. Started 2 hours 4 minutes ago. Last turn 1 hour 42 minutes ago.more

See Also

Channel Breakdown, Channel Breakout, Consolidation, Support and Resistance, Technical Analysis, Volatility