As of June 16, 2026, HSBC is showing a Double Bottom pattern with 58% confidence on the daily timeframe. SCTR 6.1 (neutral zone), Confirmed Bull trend. EdgeOS buy trigger $93.22 · Target $95.02 · Stop $92.12.
Yes. HSBC is currently showing a Double Bottom pattern with 58% confidence on the daily timeframe (detected 6/16/2026).
The HSBC Double Bottom 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.
HSBC's EdgeOS buy trigger is $93.22, target $95.02 (Saty ATR +1), stop below $92.12.
The Double Bottom has a historical win rate of 61% when traded with proper volume confirmation and stop placement. Average time to target: 18 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.
Open HSBC on a chart with EdgeOS overlays, Saty ATR levels, pattern scan, and AI research — all in one view.
Pattern data updated nightly · For informational purposes only · Not investment advice