Technical Reversal Scanner

Head & Shoulders — Distribution Top

Scan 5,000+ stocks daily for head and shoulders distribution tops. Pattern symmetry, neckline analysis, and volume profile scored. Each setup graded A+ to B.

5,000+
Stocks Scanned
Daily
Updated
A+ to B
Grading
Free tier
Price
J
M
K
S
R
Joined by 500+ traders this month

How the Head & Shoulders — Distribution Top scanner works

The head and shoulders top is a classic reversal pattern that signals the end of an uptrend. It forms when a stock makes a high (left shoulder), a higher high (head), and then a lower high (right shoulder). A break below the neckline confirms the reversal. Our scanner identifies these distribution patterns and scores them based on symmetry, volume characteristics, and neckline proximity.

What we analyze

Pattern symmetry between left and right shoulders
Volume declining on right shoulder formation
Neckline slope and current price proximity to neckline
Head-to-shoulder height ratio (1.5x-2.5x ideal)
Right shoulder forming lower high than head high

How our grading system works

For H&S tops, an A+ grade means strong symmetry between shoulders, declining volume on the right shoulder, and price approaching a clear neckline. Lower grades indicate asymmetric proportions. This is not a prediction of future price movement — it is a way to prioritize which charts deserve your attention first.

A+
Textbook setup with strong confluence
A
High-quality setup worth watching
B+
Decent setup with some reservations
B
Pattern detected but lower conviction

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AskLivermore scans 5,000+ NASDAQ and NYSE stocks daily · Not financial advice · Past performance does not guarantee future results