Eben@CANSLIM ResearchPCOR is consolidating in a Stage 3 topping pattern, with price churning around a declining 30-week moving average. The stock is building a deep, 39-week base with a 51.9% depth, which carries an elevated failure rate and is flagged as faulty. Market focus is on the lack of a clear VCP contraction sequence and weak trend-template metrics, with only 3 of 8 checks passing. Overall sentiment is cautious and deteriorating, as the stock sits 26.7% below its high and the relative strength line is not near a three-month peak.
Technical Analysis
As of 2026-08-17 · Close $58.38
Stage Analysis
Stage 3 (Topping) — Price churning around the 30-week MA — topping consolidation (30-week MA 6-week slope: -4.86%)
Detected Patterns — What the Market Is Watching
- Deep Base (>33% — elevated failure rate) — depth 51.9%, length 39 weeks, pivot $79.6. Base formed from 2025-11-07 (left-side high) to 2026-08-17, with the low of $38.3 set on 2026-06-25
- Power Play candidate (strong momentum, watching for a tight flag to form)
- Bull Flag after a 43.0% run, currently 6.1% off the flag high
⚠️ Faulty cup warning: the base is 51.9% deep (above the 38–40% threshold). A correction this deep leaves heavy overhead supply — trapped holders from higher prices are likely to sell into any rally, raising the failure rate of a breakout from this base.
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