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Descending Triangle

 
Asia

A descending triangle forms when price makes lower highs against flat support, as sellers press harder on each rally. It is usually read as bearish, and a close below support signals the breakdown. This screen lists stocks on Asian exchanges where a descending triangle pattern was identified on one of the last five bars, most actively traded first. Prices are in each exchange's local currency, and the list covers stocks traded in Tokyo, Hong Kong, Singapore, Seoul and Jakarta with at least about US$0.7 million in average daily trading value.

Screening formula:
exch(tse,hkse,ses,krx,ise) and (type(stock) and ((exch(tse) and advol(21) > 100) or (exch(hkse) and advol(21) > 5) or (exch(ses) and advol(21) > 1) or (exch(krx) and advol(21) > 1000) or (exch(ise) and advol(21) > 10000))) and (desc_triangle)@[0..4] and sortby(advol(5), desc) and show(advol(5) as turnover_5d_m)
 
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Charts    
   Symbol   Name   Industry   Sector   Exchange   Cap  Cap, mln  Last  Change  Change, %  Volume  Turnover_5d_m
 3436.T 
Sumco Corp
Semiconductor Equipment & Materials
Technology
TSE
Mega
 1,198,183  2,655.50  3 0.11 7,032,300  34,856
 226950.KO 
OliX Pharmaceuticals Inc
Biotechnology
Healthcare
KRX
Mega
 2,462,418  100,000  12700 14.55 165,922  27,066
 7013.T 
IHI Corp
Specialty Industrial Machinery
Industrials
TSE
Mega
 2,783,455  2,505.50  99.5 4.14 6,664,000  26,471
 6503.T 
Mitsubishi Electric Corp
Electrical Equipment & Parts
Industrials
TSE
Mega
 10,524,819  4,988.00  73 1.49 2,341,900  25,603
 036570.KO 
NC Corp
Electronic Gaming & Multimedia
Communication Services
KRX
Mega
 4,030,802  212,500  11500 5.72 66,782  23,833
 030200.KO 
KT Corp
Telecom Services
Communication Services
KRX
Mega
 11,777,101  51,300  800 1.58 192,923  21,071
 8801.T 
Mitsui Fudosan Co Ltd
Real Estate - Diversified
Real Estate
TSE
Mega
 3,883,475  1,505.00  35.5 2.42 4,799,500  13,043
 6902.T 
Denso Corp
Auto Parts
Consumer Cyclical
TSE
Mega
 4,578,039  1,870.50  25.5 1.38 2,558,000  12,304
 0126Z0.KO 
Samsung Epis Holdings Co Ltd
Biotechnology
Healthcare
KRX
Mega
 8,472,678  336,500  31500 10.33 37,867  12,214
 001040.KO 
CJ Corp
Conglomerates
Industrials
KRX
Mega
 4,312,078  129,700  6200 5.02 63,777  11,632
 6324.T 
Harmonic Drive Systems Inc
Specialty Industrial Machinery
Industrials
TSE
Mega
 588,827  5,340.00  180 3.49 372,500  5,706.11
 4182.T 
Mitsubishi Gas Chemical Co Inc
Specialty Chemicals
Basic Materials
TSE
Mega
 757,663  3,717.00  25 0.68 336,300  4,859.74
 6407.T 
CKD Corp
Specialty Industrial Machinery
Industrials
TSE
Mega
 389,642  4,985.00  25 0.5 301,200  4,352.31
 160980.KO 
Cymechs Inc
Semiconductor Equipment & Materials
Technology
KRX
Mega
 299,870  22,200  1150 5.46 68,889  4,041.47
 100090.KO 
SKoceanplant Co Ltd
Aerospace & Defense
Industrials
KRX
Mega
 755,985  10,660  460 4.51 220,765  3,880.71
 031330.KO 
SAMT Co Ltd
Electronics & Computer Distribution
Technology
KRX
Mega
 835,961  7,430.00  220 3.05 165,804  3,497.83
 6674.T 
GS Yuasa Corp
Auto Parts
Consumer Cyclical
TSE
Mega
 552,559  5,010.00  -14 -0.28 339,200  3,268.09
 9684.T 
Square Enix Holdings Co Ltd
Electronic Gaming & Multimedia
Communication Services
TSE
Mega
 1,041,451  3,049.00  118.5 4.04 672,900  2,647.28
 5938.T 
LIXIL Corp
Building Products & Equipment
Industrials
TSE
Mega
 484,307  1,688.00  0 0 588,000  2,531.20
 2282.T 
NH Foods Ltd
Packaged Foods
Consumer Defensive
TSE
Mega
 568,385  2,081.00  8.5 0.41 377,100  2,088.85
 6436.T 
Amano Corp
Scientific & Technical Instruments
Technology
TSE
Mega
 271,225  4,046.00  43 1.07 246,000  2,034.07
 230240.KO 
HFR Inc
Communication Equipment
Technology
KRX
Large
 174,147  10,600  180 1.73 99,437  2,020.07
 5741.T 
UACJ Corp
Aluminum
Basic Materials
TSE
Mega
 375,719  2,047.00  92 4.71 538,800  1,833.82
 6996.T 
Nichicon Corp
Electronic Components
Technology
TSE
Large
 176,224  2,340.00  3 0.13 241,900  1,571.18
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Data as of Oct 17, 2026, 1:30 AM JST



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