WATT: Ascending Triangle detected on 20 Mar 2026

Overall Score
83 of 100
Strong
Win Probability
63%
Moderate
Reward / Risk
1.3 : 1
$0.26 reward $-0.20 risk
Current Setup
Ascending triangle forming on WATT after a rounding bottom recovery (180 days, exceptional pattern quality 40.0). Stock at $14.28 sits between key support at $13.60 and resistance at $14.18, with structure score of 15.0 and breakout score of 13.0 indicating solid pattern quality. Pattern emerged during recent bullish momentum — the stock gained 34.72% over 2 weeks and 209.76% over 3 months. Volume ratio of 1.79x average signals above-average participation. Overall score of 83.4 and 62.75% win probability suggest this setup has measurable technical conviction.
Stock Context
Energous reported Q3 2025 preliminary revenue of ~$1.3M, the highest quarterly revenue since 2015 — up 6x from Q3 2024 ($0.2M) and representing year-to-date revenue of approximately $2.6M, a 237% increase over full-year 2024. The company reports an order backlog of ~$4.2M with shipments tied to Fortune 10 deployments expected, three active proof-of-concepts via an AWS partnership. Operating losses are narrowing — Q3 expected loss is $2.1M–$2.3M, improved from a $2.8M loss in Q2 2025. This inflection toward profitability and accelerating commercial traction is driving the technical recovery pattern visible on the chart.
What to Expect
Successful breakout above $14.18 resistance would target $15.16 (conservative measured move), requiring volume confirmation above the 1.79x ratio threshold. Historical ascending triangle setups suggest price should sustain above resistance on elevated volume to validate the breakout. Invalidation occurs on close below key support at $13.60 — below this level, the pattern fails and suggests a retest of lower technical support levels. The 62.75% win probability indicates better than fair odds, though the pattern is not yet decisively broken.
Risk Factors
The company remains unprofitable with a net loss of $2.11M in Q3 2025 and continuing quarterly losses. Q3 2025 revenue of $1.27M missed analyst estimates of $2.13M. Analysts project next quarter EPS of -$0.84 per share, implying further losses ahead. Risk factors include uncertain timing of regulatory approvals, customer product development timing, and intense industry competition. RSI at 65.34 indicates approach to overbought territory—momentum is elevated. Additionally, the stock is a micro-cap with small float, creating liquidity risks and elevated volatility (1.01 beta). Recent capital raises via registered direct offering dilute shareholder value and signal ongoing cash burn despite revenue improvement.
Market & Sector Regime
Market
Neutral -0.19
-1.0 0 +1.0
Technology Sector
Neutral 0.15
-1.0 0 +1.0
Other Patterns Detected Today
Bull Flag
42 days in pattern
Good 32.5
Bullish Engulfing
2 days in pattern
Moderate 27.9
Rounding Bottom
180 days in pattern
Exceptional 40.0
Post Collapse Recovery
56 days in pattern
Good 32.0
Overall Score
36 of 40
Exceptional
Pattern Quality
20 of 20
Exceptional
Setup
11 of 20
Fair
R/R
16 of 18
Strong
Context
Pattern Quality Score
15 of 15
Exceptional
Structure
13 of 13
Exceptional
Breakout
8 of 12
Moderate
Volume
Recent Performance
+10.0%
1W
+34.7%
2W
+32.3%
1M
+209.8%
3M
Momentum & Trend
RSI (14)
65.3
Neutral
MACD Histogram
+0.04
Bullish
Bollinger Band Position
101.1%
Upper Band
Volatility & Risk
20-Day Volatility
1.02
Very High
ATR %
10.6%
High
Beta
1.01
Market
Volume Analysis
Volume Ratio
1.79x
Very High
20-Day Avg Vol
299K
shares / day
Current Volume
535K
shares traded
Price Levels
52W High
$18.36
Target
$15.16
Current
$14.28
Resistance
$14.18
Support
$13.60
Stop Loss
$12.98
52W Low
$3.62
Disclaimer: This analysis is algorithmically generated for educational purposes only and does not constitute financial advice. Past pattern performance does not guarantee future results. Win probabilities are based on historical data across 370,000+ observations. Always conduct your own research and consult a qualified financial advisor. AI-assisted contextual analysis by Claude (Anthropic). Indicators reflect values at time of detection.