Rounding Bottom
The Rounding Bottom chart pattern analysis is usually conducted on a weekly chart. This is because this pattern is associated with a longer period of consolidation.
A rounding bottom formation is the by product of traders shifting from long-term bearish views to a more positive outlook. This process can be seen on any timeframe, but is easiest to identify on weekly charts.
Rounding Bottom (Reversal)
The rounding bottom is a long-term reversal pattern that is best suited for weekly charts.
Rounding Bottom is a decline to a new low on strong volume, several weeks of light trade with limited downward progress, several more weeks of light trade with a decided upward bias, followed by a sharp move higher on strong volume.
Rounding Bottoms
A rounding bottom pattern (rounded bowl shape) appears on daily and weekly bar charts.
This pattern takes time to complete.
The price can peak halfway through the pattern, but usually it retraces most of it quickly.
Rounding Bottom: Also known as a saucer bottom, it is a reversal chart pattern representing a long consolidation period that turns from a bearish bias to a bullish bias.
RSI: See Relative Strength Index.
Rounding Bottom A chart pattern showing gradual base formation and the turn to an uptrend. A good long-term base formation. See also Rounding Top.
Rounding bottom
Broken trend line
10 MA just crossed above 30 MA
Ascending triangle ...
A Rounding bottom, also known as the saucer bottom, is a long-term pattern that anticipates a change in trend from downtrend to an uptrend.
It had a nice, strong day coming out of the Rounding Bottom pattern. It bounced off the 50 day moving average. Continue to hold as long as it stays above the T-line and you don't see a sell signal. 2/16 It continued to move up.
Volume during both rounding tops and rounding bottoms often mirrors the bowl-like shape of prices during a rounding bottom. Volume, which was high during the previous trend, decreases as expectations shift and traders become indecisive.
Investopedia Says:
Traders like the rounding bottom in a stock pattern because it can be an indication of a positive market reversal, meaning expectations are gradually shifting from bearish to bullish.
A slang technical analysis term referring to a rounding bottom in a stock's price pattern. This term got its name from Jennifer Lopez's curvy figure; she is often criticized (or praised) for her round bottom.
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A bullish bar chart pattern that consists of a consolidation period followed by a breakout. The cup part of the pattern resembles a rounding bottom in the shape of a U.
Rounding Top and Bottom - Similar to a Cup and Handle pattern, a rounding top signifies a rounded resistance line and a bearish overall trend. Alternatively, a rounding bottom is a bullish for which the bottom curve can serve as a support line.
The "cup" part of the pattern resembles a rounding bottom, and is followed by a "handle" that acts as a final consolidation before a breakout.
Cyclical Stocks Shares of companies that are highly sensitive to economic performance.
 See also: Pattern, Trading, Stock, Trend, Chart
  
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