In progress now Gap at the open · Runs, breaks and structure · reading up
215 hits in 500 candles · test this one alone Sign in to be alertedHit on the latest daily candle — Tue 04 Jan 2022
Gap at the open completed on the candle that closed at Tue 04 Jan 2022, an up reading. That is the newest candle on file, so this is in progress now.
What the candles did
Opened at 282.80, +1.82% above the previous close of 277.75.
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 211 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) 117 times of 211 (56%). Median move in the hit's direction +0.95%; best +51.34%, worst -41.10%. Within the window the move typically reached +6.75% in the hit's favour and -5.66% 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 = 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
- Tue 04 Jan 2022 up Opened at 282.80, +1.82% above the previous close of 277.75.
- Mon 03 Jan 2022 up Opened at 282.85, +1.63% above the previous close of 278.30.
- Mon 27 Dec 2021 down Opened at 289.00, -1.52% below the previous close of 293.45.
- Fri 24 Dec 2021 up Opened at 295.00, +2.11% above the previous close of 288.90.
- Tue 21 Dec 2021 up Opened at 277.90, +1.28% above the previous close of 274.40.
- Fri 17 Dec 2021 up Opened at 285.00, +3.79% above the previous close of 274.60.
- Wed 15 Dec 2021 down Opened at 280.00, -1.60% below the previous close of 284.55.
- Fri 03 Dec 2021 up Opened at 272.45, +1.11% above the previous close of 269.45.
- Thu 02 Dec 2021 up Opened at 273.90, +1.43% above the previous close of 270.05.
- Tue 30 Nov 2021 up Opened at 285.00, +1.75% above the previous close of 280.10.
- Mon 29 Nov 2021 down Opened at 271.35, -1.47% below the previous close of 275.40.
- Thu 25 Nov 2021 up Opened at 294.25, +1.24% above the previous close of 290.65.