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PTRN

daily
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UPTREND
Support
$17.6
Resistance
$18.4
PTRN Pattern Group Inc. daily candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — uptrend as of May 22, 2026
PTRN Daily chart 2026-05-22 20:37:02 UTC
AI-generated analysis — not financial advice. For educational purposes only.

PTRN Daily Technical Analysis Summary

As of May 22, 2026, PTRN (Pattern Group Inc.) is in a uptrend state on the daily chart, with a confidence level of 74%. Key support is at $17.6 and key resistance at $18.4. Strong HH/HL advance; price at ~$18.19 extended above rising EMA50/EMA100 with RSI ~$74 (near overbought), suggesting momentum but pullback risk.

Price Scenarios & Targets

bullish

Bullish continuation: brief consolidation/pullback into the $17.6-$17.0 area, then breakout to new highs as the uptrend grinds higher (likely Wave 3/5 continuation; current push may be an extended Wave 3 with a Wave 4 pause).

Price Target
$20.0
Path to target
First move
$19.2
Pullback
$17.6
Final target
$20.0

bearish

Bearish mean-reversion: overbought conditions (RSI>70) trigger a deeper pullback to retest rising MAs; price revisits the confluence zone near EMA50/EMA100 and prior base before attempting to resume uptrend (Wave 4-type correction).

Price Target
$14.5
Path to target
First move
$15.2
Pullback
$16.8
Final target
$14.5

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Hold above $17.60 on 2+ daily closes (prior breakout area) while EMA50 continues rising

✗ Invalidation

Daily close below $14.40 (lost EMA50 + prior breakout structure)

Position Entry & Exit Levels

⊕ Add

Start $17.1 – $17.6
Add $15.2 – $16.0
Heavy $14.2 – $14.6

Buy-the-dip levels are anchored to the breakout retest (~$17.6), then a deeper pullback into prior structure/round-number support (~$15s), with heavy add at EMA50 confluence/prior pivot zone (~$14.5).

⊖ Derisk

Trim 1 $19.2 – $20.0
Trim 2 $21.5 – $23.0
Close $25.0 – $28.0

Trim into upside extensions: first at next psychological/overhead supply ($19-$20), more on a likely Fibonacci extension zone ($21.5-$23), and fully close if price reaches a multi-year stretch/extension ($25-$28).

Frequently Asked Questions

What is the daily technical outlook for PTRN today?

As of May 22, 2026, PTRN (Pattern Group Inc.) is in a uptrend state on the daily chart with 74% confidence. Strong HH/HL advance; price at ~$18.19 extended above rising EMA50/EMA100 with RSI ~$74 (near overbought), suggesting momentum but pullback risk.

What are the daily support and resistance levels for PTRN?

On the daily timeframe, PTRN has key support at $17.6 and key resistance at $18.4. The most likely scenario (bullish) targets $19.2 and $20.0, with a revert level at $17.6.

Is PTRN in an uptrend or downtrend?

PTRN (Pattern Group Inc.) is currently classified as uptrend on the daily chart, with 74% confidence. Confirmation requires: Hold above $17.60 on 2+ daily closes (prior breakout area) while EMA50 continues rising This would be invalidated by: Daily close below $14.40 (lost EMA50 + prior breakout structure)

What are the price targets for PTRN?

The most likely scenario (bullish) targets $19.2 and $20.0, with a revert level at $17.6. The alternative scenario (bearish) targets $15.2 and $14.5.

Other Timeframes for PTRN
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