IP — Descending Triangle

56% ConfidenceDetected Jul 21

Signal Snapshot

As of July 21, 2026, IP is showing a Descending Triangle pattern with 56% confidence on the daily timeframe. SCTR 2.6 (bearish zone), Fluid Bear trend. EdgeOS buy trigger $37.88 · Target $38.91 · Stop $37.24.

EdgeOS Levels — IP

Close
$36.25
Buy Trigger
$37.88
+1 ATR Target
$38.91
Stop
$37.24
SCTR
2.6
Trend
Fluid Bear
Bull Count
0
Bear Count
1
Other Stocks Showing Descending Triangle Today
ABEVDDVVVSDSWENSee all →
Other Patterns — IP
Bull FlagBear FlagBull PennantBear PennantAscending TriangleSymmetrical TriangleHead and ShouldersInverse Head and Shoulders

Frequently Asked Questions

Is IP showing a Descending Triangle pattern?

Yes. IP is currently showing a Descending Triangle pattern with 56% confidence on the daily timeframe (detected 7/21/2026).

What is the confidence level for the IP Descending Triangle?

The IP Descending Triangle has a confidence score of 56%. 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 IP?

IP's EdgeOS buy trigger is $37.88, target $38.91 (Saty ATR +1), stop below $37.24.

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 IP live in the workspace

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

Open IP →Signal Data

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