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
ConsolidationMar 19th, 7:34:16 PMVNQConsolidation (Decaying). $49.05-49.17. Shares: 1,066,219. Time: 6 hours 10 minutes.more
Channel breakout (confirmed)Mar 19th, 6:20:18 PMSONSChannel breakout from $2.56-2.57, 2 hours 20 minutes.more
Channel breakdown (confirmed)Mar 19th, 4:38:38 PMAGENChannel breakdown from $0.76-0.7601, 2 hours 4 minutes.more
Channel breakoutMar 19th, 8:00:00 PMBQIChannel breakout from $0.77-0.7772, 7 hours 33 minutes.more
Channel breakdownMar 19th, 8:00:00 PMHIGChannel breakdown from $27.26-27.35, 4 hours 24 minutes.more
Rectangle bottomMar 19th, 4:46:30 PMTWMRectangle bottom. Prices: 21.13, 20.98, 21.13, 20.96, 21.15, 20.99. Started 5 hours 23 minutes ago. Last turn 47 minutes 50 seconds ago.more
Rectangle topMar 19th, 4:36:25 PMOCRectangle top. Prices: 23.71, 23.66, 23.71, 23.64, 23.70. Started 3 hours 17 minutes ago. Last turn 5 minutes 41 seconds ago.more

See Also

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