Channel Breakout
A channel breakout occurs when a stock was trading in a tight channel, then starts trading at a price higher than the top of the channel.
Trade-Ideas continuously scans for consolidations patterns to define channels, then reports alerts when the price breaks out of the channel. We offer different types of channel breakout alerts depending on the type of confirmation that the user requests.
Alert Types
We offer the following alert types which are related to this topic. Click on the icon for a detailed description of the alert, or click on the "more" link for additional examples of each type of alert.
| Type | Recent Examples | More Examples | ||
|---|---|---|---|---|
| Time (NY) | Symbol | Message | ||
 | Nov 20th, 7:58:07 PM | SVU | Channel breakout from $14.91-15.00, 9 hours 21 minutes. | more |
 | Nov 20th, 4:38:41 PM | NTGR | Channel breakout from $20.19-20.25, 1 hour 44 minutes. | more |
