A double bottom forms when price makes two troughs at roughly the same level with a moderate peak between them (the neckline). It signals that sellers have been absorbed at this level twice — a reliable bullish reversal.
Buy the breakout above the neckline on strong volume. Stop below the second trough. Target: height from the trough to the neckline added to the breakout.
EdgeOS integration: look for SCTR above 9, bull count 1–4, and confirmed/fluid bull trend to align the pattern signal with the EdgeOS system for highest-conviction entries.
| Symbol | Confidence | SCTR | Trend | |
|---|---|---|---|---|
| PCTY | 100% | — | Neutral | Detail → |
| EL | 99% | 4.3 | Confirmed Bull | Detail → |
| CHKP | 99% | — | Neutral | Detail → |
| VEEV | 98% | — | Neutral | Detail → |
| MORN | 97% | — | Neutral | Detail → |
| CRUS | 96% | 9.2 | Neutral | Detail → |
| NTLA | 96% | — | Neutral | Detail → |
| RYAAY | 96% | — | Neutral | Detail → |
| CAMT | 96% | — | Neutral | Detail → |
| QLYS | 95% | — | Neutral | Detail → |
| BBIO | 95% | — | Neutral | Detail → |
| CNH | 95% | — | Neutral | Detail → |
| TSM | 95% | — | Neutral | Detail → |
| GPK | 94% | — | Neutral | Detail → |
| NRG | 94% | — | Neutral | Detail → |
| GXO | 94% | — | Neutral | Detail → |
| EME | 94% | — | Neutral | Detail → |
| AVGO | 94% | — | Neutral | Detail → |
| SIL | 93% | — | Neutral | Detail → |
| PKG | 93% | — | Neutral | Detail → |
Showing top 20 of 50 — open the workspace pattern scan for the full list.
A double bottom forms when price makes two troughs at roughly the same level with a moderate peak between them (the neckline). It signals that sellers have been absorbed at this level twice — a reliable bullish reversal.
Two troughs at approximately the same price level (within 2–3%) Moderate peak between the two troughs — the neckline Volume often higher on the second trough bounce Breakout above the neckline (peak between troughs) confirms the pattern
The Double Bottom has a historical win rate of 61% when traded correctly with volume confirmation and proper stop placement. Average bars to target: 18. Always combine with trend context and market regime for best results.
Currently 50 stocks show an active Double Bottom pattern. Top picks: PCTY (100% confidence), EL (99% confidence), CHKP (99% confidence), VEEV (98% confidence), MORN (97% confidence).
See every active detection with confidence scores, SCTR, and chart links — updated nightly.
Pattern detections updated nightly · For informational purposes only · Not investment advice