In progress now Gap at the open · Runs, breaks and structure · reading down
50 hits in 81 candles · test this one alone Sign in to be alertedHit on the latest weekly candle — week of 02 Aug 2021
Gap at the open completed on the candle that closed at week of 02 Aug 2021, a down reading. That is the newest candle on file, so this is in progress now.
What the candles did
Opened at 0.60, -7.69% below the previous close of 0.65.
What this pattern is taken to mean
The session opened at least X% away from the previous close. Read as news or flow arriving overnight.
What followed on this name's own record
After 46 earlier hits on this name's weekly candles, the close 4 weeks later went the hit's own way (up after an up reading, down after a down one) 23 times of 46 (50%). Median move in the hit's direction +3.12%; best +123.08%, worst -133.33%. Within the window the move typically reached +18.18% in the hit's favour and -10.56% against it. On this name that is a coin toss.
An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.
The rule, exactly as checked · pct = 1
- At the first candle of each session, compare its open with the last close of the previous session.
- Gap % = open / previous close − 1.
- The pattern completes when |gap %| ≥ pct; direction is the gap's sign.
- On daily candles this is simply open vs the previous day's close.
The last 12 hits on this name
- week of 02 Aug 2021 down Opened at 0.60, -7.69% below the previous close of 0.65.
- week of 26 Jul 2021 down Opened at 0.65, -7.14% below the previous close of 0.70.
- week of 19 Jul 2021 down Opened at 0.60, -7.69% below the previous close of 0.65.
- week of 12 Jul 2021 down Opened at 0.65, -7.14% below the previous close of 0.70.
- week of 05 Jul 2021 down Opened at 0.70, -6.67% below the previous close of 0.75.
- week of 07 Jun 2021 down Opened at 0.65, -7.14% below the previous close of 0.70.
- week of 10 May 2021 up Opened at 0.60, +9.09% above the previous close of 0.55.
- week of 03 May 2021 up Opened at 0.55, +10.00% above the previous close of 0.50.
- week of 26 Apr 2021 down Opened at 0.40, -11.11% below the previous close of 0.45.
- week of 12 Apr 2021 down Opened at 0.50, -9.09% below the previous close of 0.55.
- week of 05 Apr 2021 down Opened at 0.50, -9.09% below the previous close of 0.55.
- week of 22 Mar 2021 down Opened at 0.55, -8.33% below the previous close of 0.60.