XLKDescending Triangle

57% ConfidenceDetected Jul 14

Signal Snapshot

As of July 14, 2026, XLK is showing a Descending Triangle pattern with 57% confidence on the daily timeframe. SCTR 8.9 (neutral zone), Fluid Bear trend. EdgeOS buy trigger $187.11 · Target $191.41 · Stop $184.45.

EdgeOS Levels — XLK

Close
$181.28
Buy Trigger
$187.11
+1 ATR Target
$191.41
Stop
$184.45
SCTR
8.9
Trend
Fluid Bear
Bull Count
0
Bear Count
0
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Frequently Asked Questions

Is XLK showing a Descending Triangle pattern?

Yes. XLK is currently showing a Descending Triangle pattern with 57% confidence on the daily timeframe (detected 7/14/2026).

What is the confidence level for the XLK Descending Triangle?

The XLK Descending Triangle has a confidence score of 57%. 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 XLK?

XLK's EdgeOS buy trigger is $187.11, target $191.41 (Saty ATR +1), stop below $184.45.

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