CGON — Descending Triangle

70% ConfidenceDetected Jul 21

Signal Snapshot

As of July 21, 2026, CGON is showing a Descending Triangle pattern with 70% confidence on the daily timeframe. SCTR 6.3 (neutral zone), Fluid Bear trend. EdgeOS buy trigger $72.75 · Target $75.65 · Stop $70.95.

EdgeOS Levels — CGON

Close
$70.19
Buy Trigger
$72.75
+1 ATR Target
$75.65
Stop
$70.95
SCTR
6.3
Trend
Fluid Bear
Bull Count
0
Bear Count
3
Other Stocks Showing Descending Triangle Today
ABEVDDVVVSDSWENSee all →
Other Patterns — CGON
Bull FlagBear FlagBull PennantBear PennantAscending TriangleSymmetrical TriangleHead and ShouldersInverse Head and Shoulders

Frequently Asked Questions

Is CGON showing a Descending Triangle pattern?

Yes. CGON is currently showing a Descending Triangle pattern with 70% confidence on the daily timeframe (detected 7/21/2026).

What is the confidence level for the CGON Descending Triangle?

The CGON Descending Triangle has a confidence score of 70%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.

What are the buy trigger and target for CGON?

CGON's EdgeOS buy trigger is $72.75, target $75.65 (Saty ATR +1), stop below $70.95.

How often does the Descending Triangle succeed?

The Descending Triangle has a historical win rate of 70% when traded with proper volume confirmation and stop placement. Average time to target: 17 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.

See CGON live in the workspace

Open CGON on a chart with EdgeOS overlays, Saty ATR levels, pattern scan, and AI research — all in one view.

Open CGON →Signal Data

Pattern data updated nightly · For informational purposes only · Not investment advice