The next hour
5-minute candles · 12 aheadbase rate 38% · evidence 3 patterns (52 obs)
- Last close
- ₹590.00 as of Mon 21 Sep, 15:30 IST
- Range, 20th–80th
- ₹587.64 – ₹592.95 -0.40% · +0.50%
- Typical move
- -0.07% median of 64 windows
- Trend line
- -0.041%/candle · R² 0.87 carried forward -0.49%
- Record
- 53 of 100 leaned right (53%) site-wide
How this was counted, in words
No lean over the next hour: 48% chance the close is higher — a coin toss
On this name's own 5-minute candles the close 12 candles later was higher 38% of the time (24 of 64 windows). The evidence in progress: Inside bar, then a breakout (recent, down): went its way 2 of 6 times on this name; Trend line: slope, length, strength (building, down): went its way 97 of 180 times across 62 names; Impulse wave (five swings, Elliott-style) (building, down): went its way 31 of 72 times across 39 names. Weighed together as 52 observations against the base rate's 20, that gives 48%.
The range: 587.64 to 592.95 — where four in five earlier windows of 12 candles ended
From the last close of 590.00, this name's own 12 candles moves ran from -0.40% (the 20th percentile) to +0.50% (the 80th); median -0.07%, typical size either way 0.34%. One in five windows ended outside that range — the worst was -2.03%, the best +3.61%. The two references are those percentiles on today's close, nothing more.
The trend line: falling 0.04% per candle, R² 0.87
Slope -0.04% per candle (down), R² 0.87 (straight), 19 candles from the window's high, -0.77% from it; the last close is with the line. If that line simply continued for 12 candles it would print -0.49% — arithmetic, not a call; lines this straight have tended to continue more often than not.
How these outlooks have fared: 53 of 100 leaned the right way (53%)
Of the last 100 outlooks with a lean at this candle size and horizon across every name, 53 saw the close go the way they leaned; 67 of 100 closed inside the range printed. Every outlook issued is counted, none dropped.
Our arithmetic from stored candles — no recommendation, no forecast of any price: a chance counted from this name's own record, with the times it was wrong counted beside it. The decision, and the risk, are yours.