In progress now Move of X% within M candles · Runs, breaks and structure · reading down
127 hits in 520 candles · test this one alone Sign in to be alertedHit on the latest daily candle — Thu 02 Feb 2023
Move of X% within M candles has held from the candle of Tue 31 Jan 2023 through the newest one on file (3 sessions), a down reading. It is in progress now.
What the candles did
-4.06% in the last 3 candles, 126.85 to 121.70.
What this pattern is taken to mean
A fast move: the close is at least X% away from where it was M candles ago. Read as a burst of one-sided flow.
What followed on this name's own record
After 125 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 69 times of 125 (55%). Median move in the hit's direction +0.85%; best +17.88%, worst -21.00%. Within the window the move typically reached +7.18% in the hit's favour and -5.07% against it.
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 = 2, candles = 3
- For each candle, take the close M candles earlier.
- Move % = close now / close then − 1.
- The pattern completes when |move %| ≥ pct; direction is the sign.
- Consecutive candles that all qualify in the same direction count once, at the first of them.
The last 12 hits on this name
- Tue 31 Jan 2023 down -4.06% in the last 3 candles, 126.85 to 121.70.
- Thu 19 Jan 2023 down -3.14% in the last 3 candles, 130.50 to 126.40.
- Fri 13 Jan 2023 up +2.46% in the last 3 candles, 126.15 to 129.25.
- Mon 09 Jan 2023 down -2.06% in the last 3 candles, 131.20 to 128.50.
- Mon 02 Jan 2023 up +3.52% in the last 3 candles, 125.00 to 129.40.
- Tue 27 Dec 2022 up +3.44% in the last 3 candles, 119.35 to 123.45.
- Tue 20 Dec 2022 down -2.93% in the last 3 candles, 127.85 to 124.10.
- Wed 14 Dec 2022 up +3.82% in the last 3 candles, 120.45 to 125.05.
- Fri 09 Dec 2022 down -2.98% in the last 3 candles, 124.15 to 120.45.
- Tue 06 Dec 2022 up +2.52% in the last 3 candles, 121.10 to 124.15.
- Thu 24 Nov 2022 up +3.51% in the last 3 candles, 105.50 to 109.20.
- Tue 22 Nov 2022 down -3.12% in the last 3 candles, 105.90 to 102.60.