In progress now Gap at the open · Runs, breaks and structure · reading up
351 hits in 487 candles · test this one alone Sign in to be alertedHit on the latest daily candle — Tue 11 Jan 2022
Gap at the open completed on the candle that closed at Tue 11 Jan 2022, an up reading. That is the newest candle on file, so this is in progress now.
What the candles did
Opened at 14.30, +2.14% above the previous close of 14.00.
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 341 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) 192 times of 341 (56%). Median move in the hit's direction +2.35%; best +58.96%, worst -50.00%. Within the window the move typically reached +10.84% in the hit's favour and -5.75% 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 11 Jan 2022 up Opened at 14.30, +2.14% above the previous close of 14.00.
- Mon 10 Jan 2022 up Opened at 13.65, +1.87% above the previous close of 13.40.
- Fri 07 Jan 2022 down Opened at 12.20, -4.69% below the previous close of 12.80.
- Thu 06 Jan 2022 down Opened at 12.80, -4.83% below the previous close of 13.45.
- Wed 05 Jan 2022 down Opened at 13.45, -4.95% below the previous close of 14.15.
- Tue 04 Jan 2022 up Opened at 15.20, +2.36% above the previous close of 14.85.
- Mon 03 Jan 2022 up Opened at 14.85, +4.95% above the previous close of 14.15.
- Fri 31 Dec 2021 up Opened at 14.15, +4.81% above the previous close of 13.50.
- Thu 30 Dec 2021 up Opened at 13.50, +4.65% above the previous close of 12.90.
- Wed 29 Dec 2021 up Opened at 12.90, +4.88% above the previous close of 12.30.
- Tue 28 Dec 2021 up Opened at 12.30, +4.68% above the previous close of 11.75.
- Mon 27 Dec 2021 up Opened at 11.75, +4.91% above the previous close of 11.20.