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PTRN

weekly
Daily Weekly Monthly
PARABOLIC
Support
$16.8
Resistance
$18.4
PTRN Pattern Group Inc. weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — parabolic as of May 22, 2026
PTRN Weekly chart 2026-05-22 20:37:00 UTC
AI-generated analysis — not financial advice. For educational purposes only.

PTRN Weekly Technical Analysis Summary

As of May 22, 2026, PTRN (Pattern Group Inc.) is in a parabolic state on the weekly chart, with a confidence level of 64%. Key support is at $16.8 and key resistance at $18.4. Weekly breakout leg: strong green candles pushed price to ~$18.19, extended above rising short-term trend line; RSI-14 ~71.8 (overbought/extended).

Price Scenarios & Targets

bullish

Bullish continuation with a brief consolidation/pullback then another push higher (likely Elliott Wave 3/5 style extension).

Price Target
$19.6
Path to target
First move
$18.4
Pullback
$17.1
Final target
$19.6

bearish

Mean-reversion after the parabolic stretch: pullback toward the breakout base/EMA zone before attempting another leg up (Elliott Wave: wave 4-type correction).

Price Target
$14.2
Path to target
First move
$16.8
Pullback
$17.6
Final target
$14.2

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Weekly close above $18.40 with follow-through (hold above $18.00 next week).

✗ Invalidation

Weekly close below $16.80 (loss of the breakout shelf/last impulsive base).

Position Entry & Exit Levels

⊕ Add

Start $16.8 – $17.3
Add $15.2 – $16.0
Heavy $13.6 – $14.3

Buy-the-dip structure: $16.8 area is the breakout shelf; $15.2–$16.0 is prior consolidation; $13.6–$14.3 aligns with mean-reversion toward the rising EMA zone/swing structure support.

⊖ Derisk

Trim 1 $18.4 – $19.6
Trim 2 $19.6 – $21.2
Close $21.2 – $23.5

RSI-overbought + parabolic extension: trim into strength near $18.4–$19.6, increase trimming if price accelerates into $19.6–$21.2, and consider full exit if a blow-off extension reaches $21.2+ without building a base.

Frequently Asked Questions

What is the weekly technical outlook for PTRN today?

As of May 22, 2026, PTRN (Pattern Group Inc.) is in a parabolic state on the weekly chart with 64% confidence. Weekly breakout leg: strong green candles pushed price to ~$18.19, extended above rising short-term trend line; RSI-14 ~71.8 (overbought/extended).

What are the weekly support and resistance levels for PTRN?

On the weekly timeframe, PTRN has key support at $16.8 and key resistance at $18.4. The most likely scenario (bullish) targets $18.4 and $19.6, with a revert level at $17.1.

Is PTRN in an uptrend or downtrend?

PTRN (Pattern Group Inc.) is currently classified as parabolic on the weekly chart, with 64% confidence. Confirmation requires: Weekly close above $18.40 with follow-through (hold above $18.00 next week). This would be invalidated by: Weekly close below $16.80 (loss of the breakout shelf/last impulsive base).

What are the price targets for PTRN?

The most likely scenario (bullish) targets $18.4 and $19.6, with a revert level at $17.1. The alternative scenario (bearish) targets $16.8 and $14.2.

Other Timeframes for PTRN
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