Just hit Gap at the open · Runs, breaks and structure · reading down
28 hits in 111 candles · test this one alone Sign in to be alertedHit 1 week ago — week of 20 Mar 2023
Gap at the open completed on the weekly candle of week of 20 Mar 2023, a down reading, 1 week before the latest one (which closed at week of 27 Mar 2023 at 461.70). Since the hit the close has moved +0.04%.
What the candles did
Opened at 455.00, -1.11% below the previous close of 460.10.
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 27 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) 12 times of 27 (44%). Median move in the hit's direction -0.33%; best +20.20%, worst -69.41%. Within the window the move typically reached +3.97% in the hit's favour and -6.51% against it. On this name it has more often gone the other way.
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 20 Mar 2023 down Opened at 455.00, -1.11% below the previous close of 460.10.
- week of 20 Feb 2023 up Opened at 459.00, +1.24% above the previous close of 453.40.
- week of 26 Dec 2022 up Opened at 454.00, +1.52% above the previous close of 447.20.
- week of 05 Dec 2022 up Opened at 413.00, +2.55% above the previous close of 402.75.
- week of 21 Nov 2022 up Opened at 360.00, +1.75% above the previous close of 353.80.
- week of 14 Nov 2022 up Opened at 377.45, +1.51% above the previous close of 371.85.
- week of 17 Oct 2022 up Opened at 378.80, +1.50% above the previous close of 373.20.
- week of 03 Oct 2022 up Opened at 381.20, +1.01% above the previous close of 377.40.
- week of 29 Aug 2022 down Opened at 330.25, -2.09% below the previous close of 337.30.
- week of 15 Aug 2022 up Opened at 302.85, +19.99% above the previous close of 252.40.
- week of 08 Aug 2022 down Opened at 206.90, -2.27% below the previous close of 211.70.
- week of 01 Aug 2022 down Opened at 208.00, -2.78% below the previous close of 213.95.