Ideas › Chart setups › Cup near buy point
Cup pattern near the buy point
A cup is a basing pattern: a rounded bottom and a climb back to the old level, sometimes with a short handle. These stocks have formed the pattern, sit within 5% below the breakout point and are in an uptrend.
pattern: cup with or without handle0–5% below the buy pointSMA50 > SMA150 > SMA200
| Ticker | Company | Price | Day | From high | 3 mo | Pattern | To pivot |
|---|---|---|---|---|---|---|---|
| FAST | Fastenal | 52.90 | −0.58% | −3.7% | +2.0% | cup with handle | −0.0% |
| AAPL | Apple | 344.17 | −1.53% | −3.2% | +9.8% | cup without handle | −0.1% |
| ESNT | Essent | 68.60 | −1.07% | −4.5% | −0.2% | cup with handle | −0.2% |
| WMG | Warner Music | 31.92 | −1.94% | −9.9% | +21.0% | cup with handle | −0.4% |
| INTA | Intapp | 44.10 | −2.15% | −8.5% | +16.9% | cup without handle | −0.5% |
| SJM | J.M. Smucker | 133.25 | +0.62% | −2.2% | +10.9% | cup with handle | −0.6% |
| LW | Lamb Weston | 55.08 | −2.69% | −11.2% | +5.4% | cup with handle | −0.6% |
| FWONK | Liberty Media | 106.52 | +7.67% | −1.7% | +3.6% | cup without handle | −0.7% |
| NSC | Norfolk Southern | 329.25 | −4.33% | −8.2% | −1.5% | cup without handle | −0.8% |
| GPN | Global Payments | 94.98 | −1.16% | −6.3% | +10.3% | cup without handle | −0.9% |
39 stocks more, with ratings and a chart for each, in the terminal.
Open the full listFAQ
What is the buy point of a cup?
The top of the pattern (the top of the handle for a cup with handle). A breakout above it on heavy volume is taken as the start of a new advance.
How often is the list updated?
Every night after the US market closes. The update date is shown above the table.
Is this a recommendation to buy?
No. It is a screen by published rules, not advice. The trading decision and the risk are yours.