SCHPDescending Triangle

58% ConfidenceDetected May 30

Signal Snapshot

As of May 30, 2026, SCHP is showing a Descending Triangle pattern with 58% confidence on the daily timeframe. SCTR 6.0 (neutral zone), Confirmed Bull trend. EdgeOS buy trigger $26.84 · Target $26.90 · Stop $26.80.

EdgeOS Levels — SCHP

Close
$26.83
Buy Trigger
$26.84
+1 ATR Target
$26.90
Stop
$26.80
SCTR
6.0
Trend
Confirmed Bull
Bull Count
1
Bear Count
0
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Frequently Asked Questions

Is SCHP showing a Descending Triangle pattern?

Yes. SCHP is currently showing a Descending Triangle pattern with 58% confidence on the daily timeframe (detected 5/30/2026).

What is the confidence level for the SCHP Descending Triangle?

The SCHP Descending Triangle has a confidence score of 58%. 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 SCHP?

SCHP's EdgeOS buy trigger is $26.84, target $26.90 (Saty ATR +1), stop below $26.80.

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.

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