Eben@CANSLIM ResearchFIGR is trading at 34.87 in a Stage 3 topping consolidation, churning around a 30-week moving average that has slipped 8.69% over six weeks. The market is focused on a deep 66.3% base that has stretched 33 weeks and is flagged as faulty, with price still 52.8% below its 52-week high and only 2 of 8 trend template checks passing. Sentiment is cautious and deteriorating, with no VCP contraction or volume dry-up to suggest a constructive setup.
Technical Analysis
As of 2026-09-11 · Close $34.87
Stage Analysis
Stage 3 (Topping) — Price churning around the 30-week MA — topping consolidation (30-week MA 6-week slope: -8.69%)
Detected Patterns — What the Market Is Watching
- Deep Base (>33% — elevated failure rate) — depth 66.3%, length 33 weeks, pivot $73.91. Base formed from 2026-01-16 (left-side high) to 2026-09-11, with the low of $24.91 set on 2026-07-31
- Power Play candidate (strong momentum, watching for a tight flag to form)
⚠️ Faulty cup warning: the base is 66.3% 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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