PSX:MFL Technical Analysis

Matco Foods Limited — Technical Analysis & Chart Patterns

Four formations appear in MFL's daily price history. An elliott wave flat correction completed with a downward breakout on July 8, 2026; a falling wedge completed with a downward breakout on July 8, 2026; a triple bottom is currently forming and has not yet triggered; a scallop, descending & inverted is currently forming and has not yet triggered.

Patterns

last close, adjusted
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FORMING
Triple Bottom — Mar 9, 2026 to Aug 11, 2026
FORMING
Scallop, Descending & Inverted — Jun 30, 2026 to Aug 11, 2026
BREAKOUT DOWN
Falling Wedge — Apr 30, 2026 to Jul 7, 2026 · broke out on Jul 8, 2026
BREAKOUT DOWN
Elliott Wave Flat Correction — Mar 9, 2026 to Apr 15, 2026 · broke out on Jul 8, 2026
Detected on this chart: Triple Bottom (forming now), Scallop, Descending & Inverted (forming now), Falling Wedge, Elliott Wave Flat Correction. Subscribe to Pro to see each one drawn on the chart with its trigger price, measure-rule target, stop and simulated trade result.

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