FIVE Forms 16-Week Cup Base, Nears 247.71 Pivot in Advancing Stage 2

FIVE daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY — CANSLIM Research
Eben@CANSLIM Research's avatarEben@CANSLIM Research

Five Below (FIVE) is trading in a well-defined Stage 2 uptrend, holding above a rising 30-week moving average with the price just 1.3% off its 52-week high. The market is focused on a 16-week Cup Base pattern with a 28.8% depth, currently testing its 247.71 pivot as a potential breakout catalyst. With a bullish sentiment score of 5 and seven of eight trend-template checks passing, the setup remains offensive, though the lack of a confirmed VCP contraction sequence warrants watchful entry timing.

Technical Analysis

As of 2026-08-14 · Close $244.54

Stage Analysis

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 2.47%)

Detected Patterns — What the Market Is Watching

  • Cup Base — depth 28.8%, length 16 weeks, pivot $247.71. Base formed from 2026-04-20 (left-side high) to 2026-08-14, with the low of $176.25 set on 2026-07-07

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