Which stocks form a Head & Shoulders?
25 symbols in our coverage universe have a recorded Head & Shoulders detection history. ENPH has formed it most often — 11 times.
Counts are past detections by our scanner, not signals firing today. Follow a symbol through to its own page for the current reading.
Symbols with a Head & Shoulders detection history
What is a Head & Shoulders?
The head and shoulders pattern is another reversal pattern similar to the double top and bottom. It consists of a left shoulder, a head (the highest point), a right shoulder, and a neckline. A head and shoulders top is a bearish pattern, indicating a potential downward trend, while a head and shoulders bottom is a bullish pattern, indicating a potential upward trend. The neckline is a crucial level, and a breakout below the neckline for a head and shoulders top or above the neckline for a head and shoulders bottom confirms the pattern.
How has this setup performed historically?
| Window | Occurrences | Win rate vs SPY | Mean excess return |
|---|---|---|---|
| 5 days | 459 | 53% | -0.00% |
| 20 days | 377 | 57% | -0.82% |
| 60 days | 251 | 33% | -17.85% |
Win rate = share of occurrences where the stock beat SPY over the window in the direction the signal predicted — for a bearish setup, a win means it underperformed. Measured since 2025-01-01 on our own detections, which puts the coin-flip line at 50%. Sample sizes are small; treat these as context, not as an edge.
Further reading
Other patterns
Pattern Vista is a technical-analysis research tool. Everything on this page is automated pattern detection and historical statistics published for educational purposes. It is not investment advice, not a recommendation to buy or sell any security, and past performance does not indicate future results. Full disclaimer