In progress now Gap at the open · Runs, breaks and structure · reading down
32 hits in 68 candles · test this one alone Sign in to be alertedHit on the latest weekly candle — week of 12 Apr 2021
Gap at the open completed on the candle that closed at week of 12 Apr 2021, a down reading. That is the newest candle on file, so this is in progress now.
What the candles did
Opened at 0.15, -25.00% below the previous close of 0.20.
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 28 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) 7 times of 28 (25%). Median move in the hit's direction -14.65%; best +125.00%, worst -66.67%. Within the window the move typically reached +16.23% in the hit's favour and -22.50% 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 12 Apr 2021 down Opened at 0.15, -25.00% below the previous close of 0.20.
- week of 05 Apr 2021 down Opened at 0.25, -16.67% below the previous close of 0.30.
- week of 29 Mar 2021 up Opened at 0.30, +20.00% above the previous close of 0.25.
- week of 22 Mar 2021 up Opened at 0.30, +20.00% above the previous close of 0.25.
- week of 15 Mar 2021 up Opened at 0.30, +20.00% above the previous close of 0.25.
- week of 08 Mar 2021 up Opened at 0.30, +20.00% above the previous close of 0.25.
- week of 01 Mar 2021 down Opened at 0.25, -16.67% below the previous close of 0.30.
- week of 08 Feb 2021 up Opened at 0.35, +16.67% above the previous close of 0.30.
- week of 18 Jan 2021 down Opened at 0.30, -14.29% below the previous close of 0.35.
- week of 14 Dec 2020 up Opened at 0.40, +14.29% above the previous close of 0.35.
- week of 30 Nov 2020 up Opened at 0.25, +25.00% above the previous close of 0.20.
- week of 09 Nov 2020 up Opened at 0.25, +25.00% above the previous close of 0.20.