Pick stocks that have an double bottom pattern


Aime
The deep research logic is organized as follows:
Okay, the user is asking to pick stocks that have a double bottom pattern. Let me start by recalling what a double bottom pattern is. It's a technical analysis term indicating a potential reversal from a downtrend to an uptrend. The pattern forms when the price hits a support level twice, creating two troughs, and then breaks above the resistance level.
Looking at the references provided, there's a list of stocks in Reference 1 that have formed a Double Bottom pattern as of 2025-04-16. The stocks include VIVK, ABLV, SAIH, XYLO, ENGS, SFHG, SISI, LVO, ICON, and CARV. Each of these has a "Double Bottom[20250416]" marked as true.
Now, I need to analyze each of these stocks based on the available data. Let's go through them one by one.
Starting with VIVK (Vivakor). Reference 2 mentions that Vivakor amended its loan terms and issued new shares. The stock price has been under pressure, down 43% in six months. However, the double bottom pattern suggests a potential reversal. The current ratio is 0.1, which is concerning, but the recent price increase of 24.64% (Reference 6) might indicate some positive momentum. Also, the market cap is $43.16 million, which is small, so volatility is expected.
Next, ABLV (Able View Global). Reference 8 provides technical analysis, indicating a buy rating. The stock has a 9.38% increase. However, the volume is low at 21,016 shares (Reference 11). Low volume might mean the pattern isn't confirmed yet. Need to check if the breakout has sustained volume.
SAIH (SAIHEAT) is in the Industrials sector (Reference 16). The stock hit a 52-week low recently (Reference 12), but the double bottom suggests a potential rebound. The P/E ratio is -0.22, which is negative, indicating losses. However, the sector is Industrials, which might be cyclical, so a rebound could happen if the sector improves.
XYLO (Xylo Technologies) has a debt-to-equity ratio of 0.41% (Reference 21), which is very low, indicating strong equity. The stock is up 8.11%, and the sector isn't specified, but the low debt is a positive sign. The short interest has dropped significantly (References 19, 20), which could indicate less bearish sentiment.
ENGS (Energys Group) has a recent partnership in Hong Kong (References 23, 24), which might boost their market presence. The stock is up 6.96%. The institutional ownership isn't clear (Reference 26), but the strategic move could be a positive catalyst.
SFHG (Samfine Creation) has a low price of $0.67 and a 6.71% increase. However, they received a Nasdaq notification about minimum bid price (Reference 27), which could lead to delisting if not addressed. This adds risk, so the double bottom might not be reliable here.
SISI (Shineco) has an RSI of 53.57 and MACD of 0.02 (Reference 36). The RSI is neutral, and the MACD is slightly positive. The stock is up 6.36%, but without more volume confirmation, the pattern's validity is uncertain.
LVO (LiveOne) has a low average true range (0.08) and weekly volatility of 8.66% (Reference 41). The stock is up 5.93%, but the low volatility might mean the pattern isn't strong enough.
ICON (Icon Energy) has a high dividend yield of 5.14% (Reference 46), which is attractive. The stock is up 5.45%, and the recent fleet expansion (Reference 44) could be a positive factor. However, the payout ratio isn't provided, so sustainability of dividends is a concern.
CARV (Carver Bancorp) has the lowest increase at 3.59%. There's no
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