Patterns

Every pattern here is a rule over stored candles, written out step by step below. Pick a name and a candle size, then one pattern to test — or let the library look for anything in progress. A hit is an observation of what the candles just did; what followed the earlier hits on the same name is counted and shown beside it, every hit included. For what the candles in progress say about the coming hours and days, open the outlook; to be told when a pattern completes, sign in and tap Alert me on any card.

Test a name

Company or symbol Candle Pattern or wave Judge after candles

Defaults shown are for daily candles; change the candle size and re-test to see that size's defaults. Intraday candles exist only for names on a reader's watchlist, from the day they were added; daily candles go back to 2021.

RELCAPITAL · RELCAPITAL · daily candles

520 candles on file from 9 Apr 2021 as of the close of 26 Feb 2024 last close ₹12.35 judged 10 candles after each hit the outlook for the coming hours and days →

In progress now Gap at the open · down · Mon 26 Feb 2024 Just hit Move of X% within M candles · down · Mon 19 Feb 2024 Just hit Marubozu · down · Mon 12 Feb 2024 Just hit N consecutive falling candles · down · Mon 12 Feb 2024

The candles, with the hits marked

last 160 of 520 · shaded = the formation · triangle = the candle it completed on · dashed = a level the latest hit named

In progress now Gap at the open · Runs, breaks and structure · reading down

352 hits in 520 candles · test this one alone Sign in to be alerted

Hit on the latest daily candle — Mon 26 Feb 2024

Gap at the open completed on the candle that closed at Mon 26 Feb 2024, a down reading. That is the newest candle on file, so this is in progress now.

What the candles did

Opened at 11.70, -4.10% below the previous close of 12.20.

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 343 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) 157 times of 343 (46%). Median move in the hit's direction -1.06%; best +61.35%, worst -52.16%. Within the window the move typically reached +10.32% in the hit's favour and -7.51% against it. On this name that is a coin toss.

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

Mon 26 Feb 2024 down Opened at 11.70, -4.10% below the previous close of 12.20.
Mon 12 Feb 2024 up Opened at 13.05, +4.82% above the previous close of 12.45.
Mon 05 Feb 2024 down Opened at 12.60, -3.82% below the previous close of 13.10.
Mon 29 Jan 2024 down Opened at 13.10, -4.73% below the previous close of 13.75.
Tue 23 Jan 2024 down Opened at 13.80, -4.50% below the previous close of 14.45.
Mon 15 Jan 2024 up Opened at 15.95, +4.93% above the previous close of 15.20.
Mon 08 Jan 2024 up Opened at 15.20, +4.83% above the previous close of 14.50.
Fri 05 Jan 2024 up Opened at 14.50, +4.69% above the previous close of 13.85.
Thu 04 Jan 2024 up Opened at 13.85, +4.92% above the previous close of 13.20.
Wed 03 Jan 2024 up Opened at 13.20, +4.76% above the previous close of 12.60.
Tue 02 Jan 2024 up Opened at 12.40, +3.33% above the previous close of 12.00.
Mon 01 Jan 2024 up Opened at 12.00, +4.80% above the previous close of 11.45.

Just hit Move of X% within M candles · Runs, breaks and structure · reading down

103 hits in 520 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Mon 19 Feb 2024

Move of X% within M candles completed on the daily candle of Tue 23 Jan 2024, a down reading, 1 session before the latest one (which closed at Mon 26 Feb 2024 at 12.35). It held for 5 sessions, through Mon 19 Feb 2024. Since the hit the close has moved +1.23%.

What the candles did

-5.17% in the last 3 candles, 14.50 to 13.75.

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 102 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) 50 times of 102 (49%). Median move in the hit's direction +0.00%; best +42.19%, worst -40.00%. Within the window the move typically reached +10.72% in the hit's favour and -6.13% against it. On this name that is a coin toss.

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 23 Jan 2024 down -5.17% in the last 3 candles, 14.50 to 13.75.
Tue 02 Jan 2024 up +4.56% in the last 3 candles, 12.05 to 12.60.
Tue 26 Dec 2023 down -7.66% in the last 3 candles, 12.40 to 11.45.
Thu 02 Nov 2023 up +8.99% in the last 3 candles, 8.90 to 9.70.
Mon 25 Sep 2023 down -5.24% in the last 3 candles, 11.45 to 10.85.
Fri 01 Sep 2023 up +4.35% in the last 3 candles, 9.20 to 9.60.
Mon 24 Jul 2023 down -4.91% in the last 3 candles, 11.20 to 10.65.
Fri 30 Jun 2023 up +5.08% in the last 3 candles, 8.85 to 9.30.
Fri 23 Jun 2023 down -2.75% in the last 3 candles, 9.10 to 8.85.
Mon 19 Jun 2023 down -2.17% in the last 3 candles, 9.20 to 9.00.
Thu 15 Jun 2023 down -3.74% in the last 3 candles, 9.35 to 9.00.
Tue 13 Jun 2023 down -2.70% in the last 3 candles, 9.25 to 9.00.

Just hit Marubozu · Single-candle shapes · reading down

41 hits in 520 candles · test this one alone Sign in to be alerted

Hit 2 sessions ago — Mon 12 Feb 2024

Marubozu completed on the daily candle of Mon 12 Feb 2024, a down reading, 2 sessions before the latest one (which closed at Mon 26 Feb 2024 at 12.35). Since the hit the close has moved +4.22%.

What the candles did

Body 1.20 is 100% of the range: opened near the high and closed near the low (13.05→11.85).

What this pattern is taken to mean

Almost no wicks: the candle opened at one end of its range and closed at the other. Read as one side in control for the whole candle.

What followed on this name's own record

After 39 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) 19 times of 39 (49%). Median move in the hit's direction -0.72%; best +61.19%, worst -26.44%. Within the window the move typically reached +12.28% in the hit's favour and -6.85% against it. On this name that is a coin toss.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · body_pct = 90

Body = |close − open|; range = high − low.
The pattern completes when range > 0 and body ≥ body_pct of the range.
Direction is the candle's colour.

The last 12 hits on this name

Mon 12 Feb 2024 down Body 1.20 is 100% of the range: opened near the high and closed near the low (13.05→11.85).
Mon 15 Jan 2024 down Body 1.50 is 100% of the range: opened near the high and closed near the low (15.95→14.45).
Tue 02 Jan 2024 up Body 0.20 is 100% of the range: opened near the low and closed near the high (12.40→12.60).
Tue 26 Dec 2023 down Body 0.60 is 100% of the range: opened near the high and closed near the low (12.05→11.45).
Mon 18 Dec 2023 down Body 0.60 is 100% of the range: opened near the high and closed near the low (12.65→12.05).
Thu 11 May 2023 down Body 0.15 is 100% of the range: opened near the high and closed near the low (9.20→9.05).
Mon 24 Apr 2023 down Body 0.50 is 100% of the range: opened near the high and closed near the low (9.00→8.50).
Tue 28 Mar 2023 down Body 0.40 is 100% of the range: opened near the high and closed near the low (8.45→8.05).
Mon 27 Mar 2023 down Body 0.45 is 100% of the range: opened near the high and closed near the low (8.90→8.45).
Wed 15 Mar 2023 up Body 0.40 is 100% of the range: opened near the low and closed near the high (8.65→9.05).
Fri 10 Mar 2023 down Body 0.45 is 100% of the range: opened near the high and closed near the low (9.75→9.30).
Wed 01 Mar 2023 up Body 0.80 is 100% of the range: opened near the low and closed near the high (7.90→8.70).

Just hit N consecutive falling candles · Runs, breaks and structure · reading down

16 hits in 520 candles · test this one alone Sign in to be alerted

Hit 2 sessions ago — Mon 12 Feb 2024

N consecutive falling candles completed on the daily candle of Mon 12 Feb 2024, a down reading, 2 sessions before the latest one (which closed at Mon 26 Feb 2024 at 12.35). Since the hit the close has moved +4.22%.

What the candles did

5 consecutive falling closes, from 15.20 to 11.85 (-22.04%).

Where it stands on the latest candle

The last close was not falling; no run under way.

What this pattern is taken to mean

The mirror: every close below the one before it for N candles. Read as sellers in control while it lasts.

What followed on this name's own record

After 15 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 9 times of 15 (60%). Median move in the hit's direction +1.64%; best +25.82%, worst -25.13%. Within the window the move typically reached +9.63% in the hit's favour and -9.03% 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 · n = 5

Walk the candles in order.
Count a streak: +1 when this close is below the previous close, back to 0 otherwise.
The pattern completes on the candle where the streak first reaches N.
Report the move from the close before the run to the close that completed it.
Progress: the current streak against N.

The last 12 hits on this name

Mon 12 Feb 2024 down 5 consecutive falling closes, from 15.20 to 11.85 (-22.04%).
Mon 16 Oct 2023 down 5 consecutive falling closes, from 12.00 to 9.35 (-22.08%).
Mon 14 Aug 2023 down 5 consecutive falling closes, from 11.75 to 9.20 (-21.70%).
Tue 09 May 2023 down 5 consecutive falling closes, from 9.90 to 9.15 (-7.58%).
Mon 13 Feb 2023 down 5 consecutive falling closes, from 11.70 to 9.15 (-21.79%).
Mon 19 Dec 2022 down 5 consecutive falling closes, from 12.30 to 9.60 (-21.95%).
Mon 03 Oct 2022 down 5 consecutive falling closes, from 17.60 to 13.75 (-21.88%).
Wed 17 Aug 2022 down 5 consecutive falling closes, from 14.25 to 13.35 (-6.32%).
Fri 27 May 2022 down 5 consecutive falling closes, from 14.75 to 13.85 (-6.10%).
Fri 06 May 2022 down 5 consecutive falling closes, from 17.40 to 14.95 (-14.08%).
Tue 19 Apr 2022 down 5 consecutive falling closes, from 22.20 to 17.90 (-19.37%).
Mon 14 Feb 2022 down 5 consecutive falling closes, from 15.90 to 13.80 (-13.21%).

Quiet Doji · Single-candle shapes · reading neutral

73 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Mon 29 Jan 2024

The most recent hit of Doji on the daily candles completed at Mon 29 Jan 2024, 4 sessions ago, a neutral reading. It is not in progress now. Since then the close has moved -5.73% to 12.35.

What the candles did

Body 0.00 is 0% of the 1.30 range: open 13.10, close 13.10, high 14.40, low 13.10.

What this pattern is taken to mean

Open and close almost equal: the candle ranged but ended where it began. Read as indecision.

What followed on this name's own record

After 69 earlier hits on this name's daily candles, the close 10 sessions later was higher 35 times of 69 (51%). Median move +1.05%; best +61.35%, worst -33.50%. On this name that is a coin toss.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · body_pct = 10

Body = |close − open|; range = high − low.
The pattern completes when range > 0 and body ≤ body_pct of the range.

The last 12 hits on this name

Mon 29 Jan 2024 neutral Body 0.00 is 0% of the 1.30 range: open 13.10, close 13.10, high 14.40, low 13.10.
Tue 23 Jan 2024 neutral Body 0.05 is 4% of the 1.40 range: open 13.80, close 13.75, high 15.15, low 13.75.
Mon 08 Jan 2024 neutral Body 0.00 is 0% of the 0.10 range: open 15.20, close 15.20, high 15.20, low 15.10.
Thu 04 Jan 2024 neutral Body 0.00 is 0% of the 0.10 range: open 13.85, close 13.85, high 13.85, low 13.75.
Wed 03 Jan 2024 neutral Body 0.00 is 0% of the 0.30 range: open 13.20, close 13.20, high 13.20, low 12.90.
Mon 01 Jan 2024 neutral Body 0.00 is 0% of the 0.10 range: open 12.00, close 12.00, high 12.00, low 11.90.
Tue 28 Nov 2023 neutral Body 0.00 is 0% of the 0.55 range: open 12.25, close 12.25, high 12.25, low 11.70.
Mon 20 Nov 2023 neutral Body 0.00 is 0% of the 0.15 range: open 11.70, close 11.70, high 11.70, low 11.55.
Mon 13 Nov 2023 neutral Body 0.00 is 0% of the 0.25 range: open 11.15, close 11.15, high 11.40, low 11.15.
Wed 08 Nov 2023 neutral Body 0.00 is 0% of the 0.10 range: open 11.70, close 11.70, high 11.70, low 11.60.
Mon 23 Oct 2023 neutral Body 0.00 is 0% of the 0.30 range: open 8.90, close 8.90, high 9.20, low 8.90.
Mon 16 Oct 2023 neutral Body 0.00 is 0% of the 0.35 range: open 9.35, close 9.35, high 9.70, low 9.35.

Quiet Lower highs and lower lows · Runs, breaks and structure · reading down

36 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Thu 25 May 2023

The most recent hit of Lower highs and lower lows on the daily candles completed at Thu 25 May 2023, 76 sessions ago, a down reading. It is not in progress now. Since then the close has moved +37.99% to 12.35.

What the candles did

2 lower highs and lower lows on swings of at least 3%: lows 9.20, 8.40; highs 9.85, 9.60, 9.40.

What this pattern is taken to mean

Downtrend structure: each swing high below the last and each swing low below the last.

What followed on this name's own record

After 36 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 24 times of 36 (67%). Median move in the hit's direction +1.73%; best +14.41%, worst -40.00%. Within the window the move typically reached +6.85% in the hit's favour and -6.47% 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 · swings = 2, swing_pct = 3

Find swing highs and lows with the zigzag (pivot confirmed after a swing_pct move against it).
Take every window of 2×swings+1 consecutive confirmed pivots.
Require each swing high below the previous swing high, and each swing low below the previous swing low.
The pattern completes on the candle where the last pivot was confirmed.
The last swing high is reported as the level the structure hangs from.

The last 12 hits on this name

Thu 25 May 2023 down 2 lower highs and lower lows on swings of at least 3%: lows 9.20, 8.40; highs 9.85, 9.60, 9.40.
Mon 22 May 2023 down 2 lower highs and lower lows on swings of at least 3%: lows 9.40, 9.20, 8.40; highs 9.85, 9.60.
Tue 09 May 2023 down 2 lower highs and lower lows on swings of at least 3%: lows 9.40, 9.20; highs 10.05, 9.85, 9.60.
Fri 10 Mar 2023 down 2 lower highs and lower lows on swings of at least 3%: lows 8.70, 7.90; highs 12.30, 11.70, 10.45.
Thu 02 Mar 2023 down 2 lower highs and lower lows on swings of at least 3%: lows 8.85, 8.70, 7.90; highs 12.30, 11.70.
Mon 16 Jan 2023 down 2 lower highs and lower lows on swings of at least 3%: lows 8.85, 8.70; highs 18.45, 12.30, 11.70.
Tue 03 Jan 2023 down 2 lower highs and lower lows on swings of at least 3%: lows 13.60, 8.85, 8.70; highs 18.45, 12.30.
Fri 01 Jul 2022 down 2 lower highs and lower lows on swings of at least 3%: lows 12.10, 11.80; highs 12.75, 12.55, 12.45.
Thu 23 Jun 2022 down 2 lower highs and lower lows on swings of at least 3%: lows 13.60, 11.45; highs 14.55, 14.30, 12.75.
Mon 30 May 2022 down 2 lower highs and lower lows on swings of at least 3%: lows 14.40, 13.30; highs 15.55, 15.10, 14.35.
Thu 19 May 2022 down 2 lower highs and lower lows on swings of at least 3%: lows 14.50, 13.75; highs 17.90, 16.30, 15.55.
Mon 16 May 2022 down 2 lower highs and lower lows on swings of at least 3%: lows 16.50, 14.50, 13.75; highs 17.90, 16.30.

Quiet Higher highs and higher lows · Runs, breaks and structure · reading up

29 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Tue 23 Jan 2024

The most recent hit of Higher highs and higher lows on the daily candles completed at Tue 23 Jan 2024, 5 sessions ago, an up reading. It is not in progress now. Since then the close has moved -10.18% to 12.35.

What the candles did

2 higher highs and higher lows on swings of at least 3%: lows 11.15, 11.45; highs 11.70, 13.00, 15.95.

What this pattern is taken to mean

Uptrend structure: each swing high above the last and each swing low above the last. Read as a trend that is still being confirmed by its pullbacks.

What followed on this name's own record

After 28 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 17 times of 28 (61%). Median move in the hit's direction +3.15%; best +61.19%, worst -21.30%. Within the window the move typically reached +13.63% in the hit's favour and -3.10% 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 · swings = 2, swing_pct = 3

Find swing highs and lows with the zigzag: a pivot is confirmed once price has moved swing_pct against it.
Take every window of 2×swings+1 consecutive confirmed pivots.
Require each swing high in the window above the previous swing high, and each swing low above the previous swing low.
The pattern completes on the candle where the last pivot in the window was confirmed.
The last swing low is reported as the level the structure stands on.

The last 12 hits on this name

Tue 23 Jan 2024 up 2 higher highs and higher lows on swings of at least 3%: lows 11.15, 11.45; highs 11.70, 13.00, 15.95.
Mon 01 Jan 2024 up 2 higher highs and higher lows on swings of at least 3%: lows 8.45, 11.15, 11.45; highs 11.70, 13.00.
Thu 15 Jun 2023 up 2 higher highs and higher lows on swings of at least 3%: lows 8.65, 8.70, 8.80; highs 9.15, 9.70.
Fri 09 Jun 2023 up 2 higher highs and higher lows on swings of at least 3%: lows 8.65, 8.70; highs 9.05, 9.15, 9.70.
Mon 29 Aug 2022 up 2 higher highs and higher lows on swings of at least 3%: lows 13.50, 13.75; highs 14.00, 14.50, 14.60.
Thu 25 Aug 2022 up 2 higher highs and higher lows on swings of at least 3%: lows 13.30, 13.50, 13.75; highs 14.00, 14.50.
Wed 24 Aug 2022 up 2 higher highs and higher lows on swings of at least 3%: lows 13.30, 13.50; highs 13.85, 14.00, 14.50.
Tue 23 Aug 2022 up 2 higher highs and higher lows on swings of at least 3%: lows 13.20, 13.30, 13.50; highs 13.85, 14.00.
Tue 16 Aug 2022 up 2 higher highs and higher lows on swings of at least 3%: lows 11.80, 12.20, 13.20; highs 13.20, 14.25.
Wed 10 Aug 2022 up 2 higher highs and higher lows on swings of at least 3%: lows 11.80, 12.20; highs 12.45, 13.20, 14.25.
Wed 20 Apr 2022 up 2 higher highs and higher lows on swings of at least 3%: lows 12.10, 13.60, 17.30; highs 16.75, 23.30.
Tue 12 Apr 2022 up 2 higher highs and higher lows on swings of at least 3%: lows 12.10, 13.60; highs 13.25, 16.75, 23.30.

Quiet Inside bar, then a breakout · Runs, breaks and structure · reading up

28 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Tue 02 Jan 2024

The most recent hit of Inside bar, then a breakout on the daily candles completed at Tue 02 Jan 2024, 11 sessions ago, an up reading. It is not in progress now. Since then the close has moved -1.98% to 12.35.

What the candles did

An inside candle (11.90–12.00) within the one before it (11.45–12.05), then a close at 12.60 above that range.

What this pattern is taken to mean

A candle whose whole range sat inside the one before it (a pause), then a close outside the mother candle's range. Read as a pause resolving.

What followed on this name's own record

After 28 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) 15 times of 28 (54%). Median move in the hit's direction +2.87%; best +52.38%, worst -51.40%. Within the window the move typically reached +13.52% in the hit's favour and -5.04% against it. On this name that is a coin toss.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked

Take three consecutive candles: mother, inside, break.
Inside: its high ≤ mother high and its low ≥ mother low.
The pattern completes when the third candle closes above the mother high (up) or below the mother low (down).

The last 12 hits on this name

Tue 02 Jan 2024 up An inside candle (11.90–12.00) within the one before it (11.45–12.05), then a close at 12.60 above that range.
Tue 26 Dec 2023 down An inside candle (12.05–12.65) within the one before it (11.90–13.00), then a close at 11.45 below that range.
Thu 02 Nov 2023 up An inside candle (9.25–9.25) within the one before it (8.45–9.30), then a close at 9.70 above that range.
Tue 23 May 2023 up An inside candle (8.50–8.80) within the one before it (8.40–8.95), then a close at 9.00 above that range.
Tue 09 May 2023 down An inside candle (9.25–9.60) within the one before it (9.20–9.60), then a close at 9.15 below that range.
Fri 24 Mar 2023 down An inside candle (9.20–9.45) within the one before it (9.10–9.45), then a close at 8.90 below that range.
Thu 16 Mar 2023 up An inside candle (8.65–9.05) within the one before it (8.55–9.25), then a close at 9.50 above that range.
Wed 04 Jan 2023 up An inside candle (9.00–9.25) within the one before it (8.70–9.60), then a close at 9.70 above that range.
Fri 02 Sep 2022 up An inside candle (13.90–14.55) within the one before it (13.60–14.65), then a close at 15.25 above that range.
Fri 26 Aug 2022 up An inside candle (13.85–14.30) within the one before it (13.75–14.40), then a close at 14.60 above that range.
Mon 22 Aug 2022 up An inside candle (13.55–14.00) within the one before it (13.35–14.00), then a close at 14.25 above that range.
Tue 26 Jul 2022 up An inside candle (11.90–12.10) within the one before it (11.90–12.20), then a close at 12.50 above that range.

Quiet Volume spike · Indicator-based · reading up

26 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Fri 08 Sep 2023

The most recent hit of Volume spike on the daily candles completed at Fri 08 Sep 2023, 33 sessions ago, an up reading. It is not in progress now. Since then the close has moved +2.92% to 12.35.

What the candles did

Volume 3.2× the average of the previous 20 candles (2,139,892 vs 660,887), on an up candle.

What this pattern is taken to mean

One candle traded many times the recent average volume. Read as attention arriving; the candle's colour says which way it leaned.

What followed on this name's own record

After 26 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) 7 times of 26 (27%). Median move in the hit's direction -7.14%; best +38.81%, worst -61.06%. Within the window the move typically reached +5.63% in the hit's favour and -13.50% 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 · times = 3, candles = 20

Average the volume of the previous M candles (those that reported one).
The pattern completes when this candle's volume ≥ times × that average.
Direction is the candle's own: up if it closed above its open, down if below, neutral if flat.

The last 12 hits on this name

Fri 08 Sep 2023 up Volume 3.2× the average of the previous 20 candles (2,139,892 vs 660,887), on an up candle.
Thu 07 Sep 2023 down Volume 7.1× the average of the previous 20 candles (3,535,398 vs 496,675), on a down candle.
Mon 07 Aug 2023 neutral Volume 8.3× the average of the previous 20 candles (2,905,818 vs 348,951), on a flat candle.
Wed 07 Jun 2023 up Volume 3.5× the average of the previous 20 candles (1,312,916 vs 372,261), on an up candle.
Mon 02 Jan 2023 up Volume 7.5× the average of the previous 20 candles (4,660,074 vs 621,523), on an up candle.
Mon 07 Nov 2022 up Volume 3.5× the average of the previous 20 candles (2,542,652 vs 720,718), on an up candle.
Tue 01 Nov 2022 neutral Volume 3.0× the average of the previous 20 candles (2,068,607 vs 688,671), on a flat candle.
Thu 08 Sep 2022 down Volume 4.3× the average of the previous 20 candles (3,239,846 vs 746,988), on a down candle.
Wed 13 Apr 2022 neutral Volume 3.4× the average of the previous 20 candles (13,288,388 vs 3,928,811), on a flat candle.
Thu 07 Apr 2022 neutral Volume 7.5× the average of the previous 20 candles (19,300,412 vs 2,575,108), on a flat candle.
Thu 31 Mar 2022 down Volume 6.1× the average of the previous 20 candles (11,474,083 vs 1,878,450), on a down candle.
Tue 22 Mar 2022 neutral Volume 3.4× the average of the previous 20 candles (5,084,543 vs 1,500,634), on a flat candle.

Quiet Moving-average cross · Indicator-based · reading up

22 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Mon 20 Nov 2023

The most recent hit of Moving-average cross on the daily candles completed at Mon 20 Nov 2023, 18 sessions ago, an up reading. It is not in progress now. Since then the close has moved +5.56% to 12.35.

What the candles did

The 9-candle average (10.48) crossed above the 21-candle average (10.46).

What this pattern is taken to mean

The faster simple average crossed the slower one. Read as the near-term average price overtaking (or falling behind) the longer one.

What followed on this name's own record

After 22 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) 14 times of 22 (64%). Median move in the hit's direction +4.06%; best +27.30%, worst -36.76%. Within the window the move typically reached +9.62% in the hit's favour and -7.86% 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 · fast = 9, slow = 21

Compute SMA(fast) and SMA(slow) of the closes.
The pattern completes on a candle where fast was ≤ slow on the previous candle and is > slow now (up), or ≥ before and < now (down).
fast must be smaller than slow, else nothing is reported.

The last 12 hits on this name

Mon 20 Nov 2023 up The 9-candle average (10.48) crossed above the 21-candle average (10.46).
Wed 01 Nov 2023 down The 9-candle average (10.08) crossed below the 21-candle average (10.10).
Fri 08 Sep 2023 up The 9-candle average (10.20) crossed above the 21-candle average (10.20).
Tue 05 Sep 2023 down The 9-candle average (9.75) crossed below the 21-candle average (9.82).
Tue 04 Jul 2023 up The 9-candle average (9.19) crossed above the 21-candle average (9.14).
Fri 23 Jun 2023 down The 9-candle average (9.02) crossed below the 21-candle average (9.02).
Tue 06 Jun 2023 up The 9-candle average (8.90) crossed above the 21-candle average (8.90).
Wed 17 May 2023 down The 9-candle average (9.07) crossed below the 21-candle average (9.13).
Mon 17 Apr 2023 up The 9-candle average (9.00) crossed above the 21-candle average (8.92).
Mon 20 Feb 2023 down The 9-candle average (10.31) crossed below the 21-candle average (10.34).
Mon 06 Feb 2023 up The 9-candle average (10.53) crossed above the 21-candle average (10.53).
Mon 24 Oct 2022 down The 9-candle average (14.57) crossed below the 21-candle average (14.60).

Quiet RSI into overbought / oversold · Indicator-based · reading down

17 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Fri 05 Jan 2024

The most recent hit of RSI into overbought / oversold on the daily candles completed at Fri 05 Jan 2024, 8 sessions ago, a down reading. It is not in progress now. Since then the close has moved -14.83% to 12.35.

What the candles did

RSI(14) rose to 72, into the overbought zone above 70.

What this pattern is taken to mean

Wilder's RSI crossed into the overbought zone (reported as a 'down' observation: stretched) or the oversold zone ('up': washed out).

What followed on this name's own record

After 16 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) 9 times of 16 (56%). Median move in the hit's direction +1.56%; best +25.94%, worst -52.50%. Within the window the move typically reached +10.54% in the hit's favour and -11.32% 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 · n = 14, high = 70, low = 30

Compute RSI(n) from the closes (Wilder smoothing).
The pattern completes when RSI moves from below `high` to at or above it (overbought → down), or from above `low` to at or below it (oversold → up).
Only the crossing candle is a hit, not every candle spent inside the zone.

The last 12 hits on this name

Fri 05 Jan 2024 down RSI(14) rose to 72, into the overbought zone above 70.
Tue 04 Jul 2023 down RSI(14) rose to 74, into the overbought zone above 70.
Tue 01 Nov 2022 up RSI(14) fell to 29, into the oversold zone below 30.
Mon 05 Sep 2022 down RSI(14) rose to 73, into the overbought zone above 70.
Fri 05 Aug 2022 down RSI(14) rose to 73, into the overbought zone above 70.
Wed 06 Jul 2022 up RSI(14) fell to 30, into the oversold zone below 30.
Fri 17 Jun 2022 up RSI(14) fell to 29, into the oversold zone below 30.
Mon 04 Apr 2022 down RSI(14) rose to 72, into the overbought zone above 70.
Thu 17 Mar 2022 down RSI(14) rose to 71, into the overbought zone above 70.
Mon 20 Dec 2021 up RSI(14) fell to 29, into the oversold zone below 30.
Tue 07 Dec 2021 up RSI(14) fell to 29, into the oversold zone below 30.
Mon 22 Nov 2021 up RSI(14) fell to 30, into the oversold zone below 30.

Quiet N consecutive rising candles · Runs, breaks and structure · reading up

14 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Fri 05 Jan 2024

The most recent hit of N consecutive rising candles on the daily candles completed at Fri 05 Jan 2024, 8 sessions ago, an up reading. It is not in progress now. Since then the close has moved -14.83% to 12.35.

What the candles did

5 consecutive rising closes, from 11.45 to 14.50 (+26.64%).

Where it stands on the latest candle

2 rising closes in a row so far (+4.22%); the rule wants 5.

What this pattern is taken to mean

A momentum run: every close above the one before it for N candles. The owner's first example. Conventionally read as buyers in control for as long as it lasts.

What followed on this name's own record

After 13 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 6 times of 13 (46%). Median move in the hit's direction -5.82%; best +32.68%, worst -38.92%. Within the window the move typically reached +4.93% in the hit's favour and -11.11% against it. On this name that is a coin toss.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · n = 5

Walk the candles in order.
Count a streak: +1 when this close is above the previous close, back to 0 otherwise.
The pattern completes on the candle where the streak first reaches N.
Report the move from the close before the run to the close that completed it.
Progress: how long the current streak is against N, and whether the last close is still rising.

The last 12 hits on this name

Fri 05 Jan 2024 up 5 consecutive rising closes, from 11.45 to 14.50 (+26.64%).
Tue 07 Nov 2023 up 5 consecutive rising closes, from 8.85 to 11.15 (+25.99%).
Wed 06 Sep 2023 up 5 consecutive rising closes, from 8.75 to 11.05 (+26.29%).
Thu 06 Jul 2023 up 5 consecutive rising closes, from 8.90 to 11.20 (+25.84%).
Mon 10 Apr 2023 up 5 consecutive rising closes, from 7.95 to 9.45 (+18.87%).
Wed 08 Mar 2023 up 5 consecutive rising closes, from 8.30 to 10.25 (+23.49%).
Mon 09 Jan 2023 up 5 consecutive rising closes, from 8.85 to 11.15 (+25.99%).
Mon 14 Nov 2022 up 5 consecutive rising closes, from 9.30 to 11.75 (+26.34%).
Wed 07 Sep 2022 up 5 consecutive rising closes, from 13.90 to 17.60 (+26.62%).
Thu 31 Mar 2022 up 5 consecutive rising closes, from 13.90 to 16.65 (+19.78%).
Mon 14 Mar 2022 up 5 consecutive rising closes, from 12.15 to 14.35 (+18.11%).
Wed 08 Sep 2021 up 5 consecutive rising closes, from 14.30 to 17.10 (+19.58%).

Quiet Trend line: slope, length, strength · Trend and waves · reading up

12 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Wed 03 Jan 2024

The most recent hit of Trend line: slope, length, strength on the daily candles completed at Wed 03 Jan 2024, 5 sessions ago, an up reading. It held for 6 sessions, through Tue 23 Jan 2024. It is not in progress now. Since then the close has moved -10.18% to 12.35.

What the candles did

Over the last 20 candles the fitted line rises 1.92% per candle with R² 0.84; 16 candles since the low of the window, +49.15% from it, and the last close is still with the line.

Where it stands on the latest candle

Slope +0.53% per candle (up), R² 0.13 (choppy), 19 candles from the window's low, +10.76% from it; the last close is with the line.

What this pattern is taken to mean

The straight-line fit through the last N closes: how steep, how long, how clean. This is the slope/length/strength reading (R6) and a version of the 20-candle rule that fires on a clean run even when one close in the middle dipped.

What followed on this name's own record

After 12 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) 7 times of 12 (58%). Median move in the hit's direction +4.13%; best +61.19%, worst -15.79%. Within the window the move typically reached +10.50% in the hit's favour and -7.27% 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 · n = 20, min_slope_pct = 0.25, min_r2 = 0.8

Fit a least-squares line through the last N closes (x = candle index).
Slope % = slope / mean close × 100, per candle. R² = share of the variance the line explains (1 = a ruler, 0 = chop).
Length = candles since the window's low (for a rising line) or high (falling). Magnitude = % from that extreme to the last close.
Continuing = the last close is on the slope's side of the fitted line, or the last three closes all moved with the slope.
The pattern completes when |slope %| ≥ min_slope_pct and R² ≥ min_r2; consecutive qualifying candles count once, at the first.
Progress always reports the current slope, R², length, magnitude and whether it is continuing.

The last 12 hits on this name

Wed 03 Jan 2024 up Over the last 20 candles the fitted line rises 1.92% per candle with R² 0.84; 16 candles since the low of the window, +49.15% from it, and the last close is still with the line.
Wed 09 Nov 2022 down Over the last 20 candles the fitted line falls 3.17% per candle with R² 0.83; 15 candles since the high of the window, -42.05% from it, but the last close has slipped from the line.
Fri 12 Aug 2022 up Over the last 20 candles the fitted line rises 0.87% per candle with R² 0.80; 18 candles since the low of the window, +12.97% from it, but the last close has slipped from the line.
Fri 24 Jun 2022 down Over the last 20 candles the fitted line falls 0.93% per candle with R² 0.81; 16 candles since the high of the window, -15.65% from it, but the last close has slipped from the line.
Thu 05 May 2022 down Over the last 20 candles the fitted line falls 1.53% per candle with R² 0.80; 16 candles since the high of the window, -30.63% from it, and the last close is still with the line.
Fri 25 Feb 2022 down Over the last 20 candles the fitted line falls 1.30% per candle with R² 0.87; 17 candles since the high of the window, -21.60% from it, but the last close has slipped from the line.
Wed 12 Jan 2022 up Over the last 20 candles the fitted line rises 1.00% per candle with R² 0.88; 17 candles since the low of the window, +20.47% from it, but the last close has slipped from the line.
Tue 21 Dec 2021 down Over the last 20 candles the fitted line falls 2.21% per candle with R² 0.80; 17 candles since the high of the window, -33.67% from it, but the last close has slipped from the line.
Fri 17 Sep 2021 up Over the last 20 candles the fitted line rises 2.48% per candle with R² 0.84; 18 candles since the low of the window, +58.87% from it, and the last close is still with the line.
Thu 05 Aug 2021 down Over the last 20 candles the fitted line falls 1.16% per candle with R² 0.85; 18 candles since the high of the window, -23.06% from it, and the last close is still with the line.
Thu 15 Jul 2021 down Over the last 20 candles the fitted line falls 2.10% per candle with R² 0.82; 16 candles since the high of the window, -32.83% from it, but the last close has slipped from the line.
Tue 08 Jun 2021 up Over the last 20 candles the fitted line rises 2.42% per candle with R² 0.82; 16 candles since the low of the window, +58.30% from it, and the last close is still with the line.

Quiet Bollinger squeeze, then a break · Indicator-based · reading up

9 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Wed 07 Jun 2023

The most recent hit of Bollinger squeeze, then a break on the daily candles completed at Wed 07 Jun 2023, 67 sessions ago, an up reading. It is not in progress now. Since then the close has moved +33.51% to 12.35.

What the candles did

Closed at 9.25, above the upper band (9.18) after the bands had narrowed to their tightest in 60 candles.

What this pattern is taken to mean

The bands had narrowed to their tightest in a while, then the close left them. Read as a quiet stretch ending.

What followed on this name's own record

After 9 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) 6 times of 9 (67%). Median move in the hit's direction +6.77%; best +27.30%, worst -19.91%. Within the window the move typically reached +10.89% in the hit's favour and -3.60% 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 · n = 20, k = 2, squeeze = 60

Compute Bollinger bands: SMA(n) ± k × standard deviation of the last n closes; bandwidth = (upper − lower) / middle.
Squeeze: the smallest bandwidth in the last 6 candles is within 5% of the smallest over the last `squeeze` candles.
The pattern completes on a candle that closes above the upper band having been at or below it the candle before (up), or the mirror below the lower band (down), while squeezed.

The last 9 hits on this name

Wed 07 Jun 2023 up Closed at 9.25, above the upper band (9.18) after the bands had narrowed to their tightest in 60 candles.
Wed 29 Mar 2023 down Closed at 7.95, below the lower band (7.96) after the bands had narrowed to their tightest in 60 candles.
Mon 01 Aug 2022 up Closed at 12.80, above the upper band (12.69) after the bands had narrowed to their tightest in 60 candles.
Tue 26 Jul 2022 up Closed at 12.50, above the upper band (12.38) after the bands had narrowed to their tightest in 60 candles.
Thu 16 Jun 2022 down Closed at 12.85, below the lower band (13.03) after the bands had narrowed to their tightest in 60 candles.
Mon 13 Jun 2022 down Closed at 13.30, below the lower band (13.36) after the bands had narrowed to their tightest in 60 candles.
Thu 18 Nov 2021 down Closed at 17.15, below the lower band (17.56) after the bands had narrowed to their tightest in 60 candles.
Fri 08 Oct 2021 up Closed at 23.35, above the upper band (23.11) after the bands had narrowed to their tightest in 60 candles.
Tue 07 Sep 2021 up Closed at 16.30, above the upper band (16.27) after the bands had narrowed to their tightest in 60 candles.

Quiet Bullish engulfing · Multi-candle shapes · reading up

9 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Wed 07 Jun 2023

The most recent hit of Bullish engulfing on the daily candles completed at Wed 07 Jun 2023, 67 sessions ago, an up reading. It is not in progress now. Since then the close has moved +33.51% to 12.35.

What the candles did

A down candle (8.90→8.85) followed by an up candle (8.85→9.25) whose body covers it, after -1.12% over the 5 candles before.

What this pattern is taken to mean

A down candle followed by an up candle whose body covers it, after a decline. Read as the decline being rejected in one candle.

What followed on this name's own record

After 9 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 5 times of 9 (56%). Median move in the hit's direction +6.67%; best +42.19%, worst -22.51%. Within the window the move typically reached +10.11% in the hit's favour and -3.27% 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 · context = 5

Take two consecutive candles.
First closes below its open; second closes above its open.
Second's open ≤ first's close and second's close ≥ first's open (its body covers the first's body).
Context: the net move over the `context` candles before the pair is negative (set 0 to skip).

The last 9 hits on this name

Wed 07 Jun 2023 up A down candle (8.90→8.85) followed by an up candle (8.85→9.25) whose body covers it, after -1.12% over the 5 candles before.
Thu 18 Aug 2022 up A down candle (13.40→13.35) followed by an up candle (13.35→13.85) whose body covers it, after -5.61% over the 5 candles before.
Mon 18 Jul 2022 up A down candle (12.00→11.95) followed by an up candle (11.90→12.00) whose body covers it, after -0.83% over the 5 candles before.
Thu 30 Jun 2022 up A down candle (12.25→12.20) followed by an up candle (12.20→12.25) whose body covers it, after -2.01% over the 5 candles before.
Wed 02 Mar 2022 up A down candle (12.70→12.55) followed by an up candle (12.45→12.70) whose body covers it, after -3.05% over the 5 candles before.
Tue 23 Nov 2021 up A down candle (17.20→16.55) followed by an up candle (16.25→17.35) whose body covers it, after -9.26% over the 5 candles before.
Tue 24 Aug 2021 up A down candle (13.90→13.25) followed by an up candle (13.25→13.90) whose body covers it, after -10.61% over the 5 candles before.
Fri 06 Aug 2021 up A down candle (17.00→16.35) followed by an up candle (16.35→17.10) whose body covers it, after -0.86% over the 5 candles before.
Mon 24 May 2021 up A down candle (11.35→11.30) followed by an up candle (11.20→11.85) whose body covers it, after -0.44% over the 5 candles before.

Quiet Morning star · Multi-candle shapes · reading up

7 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Tue 02 Jan 2024

The most recent hit of Morning star on the daily candles completed at Tue 02 Jan 2024, 11 sessions ago, an up reading. It is not in progress now. Since then the close has moved -1.98% to 12.35.

What the candles did

A long down candle (12.05→11.45), a small-bodied candle, then an up candle closing at 12.60, above the first candle's midpoint 11.75.

What this pattern is taken to mean

A long down candle, a small-bodied candle, then an up candle closing above the midpoint of the first. Read as a decline stalling and turning.

What followed on this name's own record

After 7 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 4 times of 7 (57%). Median move in the hit's direction +3.67%; best +16.92%, worst -4.24%. Within the window the move typically reached +11.33% in the hit's favour and -4.44% 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 · small_pct = 30

Take three consecutive candles.
First: a down candle with a body at least the average body of the ten candles before it.
Second: a body no bigger than small_pct of the first's body.
Third: an up candle closing above the midpoint of the first candle's body.

The last 7 hits on this name

Tue 02 Jan 2024 up A long down candle (12.05→11.45), a small-bodied candle, then an up candle closing at 12.60, above the first candle's midpoint 11.75.
Tue 23 May 2023 up A long down candle (8.85→8.65), a small-bodied candle, then an up candle closing at 9.00, above the first candle's midpoint 8.75.
Mon 01 Aug 2022 up A long down candle (12.85→12.30), a small-bodied candle, then an up candle closing at 12.80, above the first candle's midpoint 12.57.
Mon 17 Jan 2022 up A long down candle (15.50→15.05), a small-bodied candle, then an up candle closing at 16.50, above the first candle's midpoint 15.28.
Mon 03 Jan 2022 up A long down candle (14.75→14.15), a small-bodied candle, then an up candle closing at 15.05, above the first candle's midpoint 14.45.
Thu 06 May 2021 up A long down candle (11.25→10.25), a small-bodied candle, then an up candle closing at 10.90, above the first candle's midpoint 10.75.
Wed 28 Apr 2021 up A long down candle (9.95→9.45), a small-bodied candle, then an up candle closing at 10.05, above the first candle's midpoint 9.70.

Quiet Bearish engulfing · Multi-candle shapes · reading down

6 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Mon 05 Jun 2023

The most recent hit of Bearish engulfing on the daily candles completed at Mon 05 Jun 2023, 69 sessions ago, a down reading. It is not in progress now. Since then the close has moved +39.55% to 12.35.

What the candles did

An up candle (8.95→9.05) followed by a down candle (9.05→8.85) whose body covers it, after +1.69% over the 5 candles before.

What this pattern is taken to mean

An up candle followed by a down candle whose body covers it, after a rise.

What followed on this name's own record

After 6 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 3 times of 6 (50%). Median move in the hit's direction +3.89%; best +38.81%, worst -40.00%. Within the window the move typically reached +9.39% in the hit's favour and -5.92% against it. On this name that is a coin toss.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · context = 5

Take two consecutive candles.
First closes above its open; second closes below its open.
Second's open ≥ first's close and second's close ≤ first's open.
Context: the net move over the `context` candles before the pair is positive (set 0 to skip).

The last 6 hits on this name

Mon 05 Jun 2023 down An up candle (8.95→9.05) followed by a down candle (9.05→8.85) whose body covers it, after +1.69% over the 5 candles before.
Thu 08 Sep 2022 down An up candle (17.50→17.60) followed by a down candle (18.45→16.75) whose body covers it, after +20.86% over the 5 candles before.
Thu 28 Jul 2022 down An up candle (12.45→12.80) followed by a down candle (12.85→12.30) whose body covers it, after +2.04% over the 5 candles before.
Wed 08 Jun 2022 down An up candle (14.10→14.30) followed by a down candle (14.55→14.05) whose body covers it, after +0.71% over the 5 candles before.
Tue 31 Aug 2021 down An up candle (14.95→15.10) followed by a down candle (15.25→14.75) whose body covers it, after +11.70% over the 5 candles before.
Thu 15 Jul 2021 down An up candle (20.40→20.60) followed by a down candle (20.75→20.05) whose body covers it, after +2.27% over the 5 candles before.

Quiet Hammer · Single-candle shapes · reading up

6 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Wed 14 Jun 2023

The most recent hit of Hammer on the daily candles completed at Wed 14 Jun 2023, 62 sessions ago, an up reading. It is not in progress now. Since then the close has moved +34.24% to 12.35.

What the candles did

Lower wick 0.30 is 3.0× the body, the upper wick is 11% of the range, after -2.70% over the 5 candles before; low 8.80, close 9.20.

What this pattern is taken to mean

A long lower wick and a small body near the top, after a decline: the candle went well below and was pulled back up. Read as a low being rejected.

What followed on this name's own record

After 6 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 2 times of 6 (33%). Median move in the hit's direction -1.83%; best +4.07%, worst -12.81%. Within the window the move typically reached +4.40% in the hit's favour and -5.08% 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 · wick_times = 2, other_wick_pct = 15, context = 5

Lower wick ≥ wick_times × body.
Upper wick ≤ other_wick_pct of the range.
Context: the net move over the `context` candles before is negative (set 0 to skip).
The wick's low is reported as the level rejected.

The last 6 hits on this name

Wed 14 Jun 2023 up Lower wick 0.30 is 3.0× the body, the upper wick is 11% of the range, after -2.70% over the 5 candles before; low 8.80, close 9.20.
Wed 05 Apr 2023 up Lower wick 0.30 is 3.0× the body, the upper wick is 0% of the range, after -2.96% over the 5 candles before; low 8.20, close 8.60.
Tue 21 Jun 2022 up Lower wick 0.80 is 5.3× the body, the upper wick is 5% of the range, after -9.40% over the 5 candles before; low 11.45, close 12.25.
Thu 09 Jun 2022 up Lower wick 0.45 is 4.5× the body, the upper wick is 0% of the range, after -4.42% over the 5 candles before; low 13.60, close 14.05.
Tue 22 Feb 2022 up Lower wick 0.25 is 5.0× the body, the upper wick is 14% of the range, after -5.07% over the 5 candles before; low 12.45, close 12.70.
Fri 14 Jan 2022 up Lower wick 0.50 is 10.0× the body, the upper wick is 8% of the range, after -0.66% over the 5 candles before; low 15.20, close 15.75.

Quiet Three black crows · Multi-candle shapes · reading down

4 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Tue 28 Mar 2023

The most recent hit of Three black crows on the daily candles completed at Tue 28 Mar 2023, 113 sessions ago, a down reading. It is not in progress now. Since then the close has moved +53.42% to 12.35.

What the candles did

Three down candles in a row, each opening inside the last body and closing lower (8.90, 8.45, 8.05) with short lower wicks.

What this pattern is taken to mean

Three down candles in a row, each opening inside the previous body and closing lower, with little lower wick.

What followed on this name's own record

Only 4 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 3 of 4 times, median move -6.40%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · wick_pct = 30

Take three consecutive candles, all closing below their opens.
Each close below the previous close.
Each open inside the previous candle's body.
Each lower wick no more than wick_pct of its body.

The last 4 hits on this name

Tue 28 Mar 2023 down Three down candles in a row, each opening inside the last body and closing lower (8.90, 8.45, 8.05) with short lower wicks.
Wed 04 May 2022 down Three down candles in a row, each opening inside the last body and closing lower (16.95, 16.45, 15.75) with short lower wicks.
Mon 22 Nov 2021 down Three down candles in a row, each opening inside the last body and closing lower (18.05, 17.15, 16.55) with short lower wicks.
Thu 29 Jul 2021 down Three down candles in a row, each opening inside the last body and closing lower (18.15, 17.70, 17.35) with short lower wicks.

Quiet Impulse wave (five swings, Elliott-style) · Trend and waves · reading down

3 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Mon 16 May 2022

The most recent hit of Impulse wave (five swings, Elliott-style) on the daily candles completed at Mon 16 May 2022, 249 sessions ago, a down reading. It is not in progress now. Since then the close has moved -14.24% to 12.35.

What the candles did

Five swings down: 1 18.90→16.50, 2 back to 17.90 (below where 1 began), 3 to 14.50, 4 back to 16.30 (below the bottom of 1), 5 to 13.75; wave 3 is not the shortest.

Where it stands on the latest candle

Counting down: wave 1 confirmed, wave 2 under way (the current swing has not yet reversed by 4%). Pivots so far 15.95, 11.25, 12.80.

What this pattern is taken to mean

Five alternating swings that obey the three classical impulse rules. A count, not a prophecy: the same swings can be counted more than one way, and this is the plain mechanical reading.

What followed on this name's own record

Only 3 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 2 of 3 times, median move -3.47%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · swing_pct = 4

Find swings with the zigzag at swing_pct.
Take six consecutive confirmed pivots L-H-L-H-L-H (up) or H-L-H-L-H-L (down).
Rule 1: wave 2 does not retrace past the start of wave 1.
Rule 2: wave 3 is not the shortest of waves 1, 3 and 5.
Rule 3: wave 4 does not enter the price territory of wave 1.
Each wave must make progress: 3 beyond 1, 5 beyond 3.
The pattern completes when the sixth pivot is confirmed. Progress reports 'wave 5 under way' when the first five pivots hold and the live swing is the fifth wave.

The last 3 hits on this name

Mon 16 May 2022 down Five swings down: 1 18.90→16.50, 2 back to 17.90 (below where 1 began), 3 to 14.50, 4 back to 16.30 (below the bottom of 1), 5 to 13.75; wave 3 is not the shortest.
Fri 25 Jun 2021 up Five swings up: 1 11.20→14.00, 2 back to 13.25 (above where 1 began), 3 to 16.85, 4 back to 15.60 (above the top of 1), 5 to 30.65; wave 3 is not the shortest.
Mon 07 Jun 2021 up Five swings up: 1 11.00→11.70, 2 back to 11.20 (above where 1 began), 3 to 14.00, 4 back to 13.25 (above the top of 1), 5 to 16.85; wave 3 is not the shortest.

Quiet Evening star · Multi-candle shapes · reading down

3 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Thu 22 Jun 2023

The most recent hit of Evening star on the daily candles completed at Thu 22 Jun 2023, 56 sessions ago, a down reading. It is not in progress now. Since then the close has moved +37.99% to 12.35.

What the candles did

A long up candle (8.90→9.10), a small-bodied candle, then a down candle closing at 8.95, below the first candle's midpoint 9.00.

What this pattern is taken to mean

A long up candle, a small-bodied candle, then a down candle closing below the midpoint of the first.

What followed on this name's own record

Only 3 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 1 of 3 times, median move +1.38%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · small_pct = 30

Take three consecutive candles.
First: an up candle with a body at least the average body of the ten candles before it.
Second: a body no bigger than small_pct of the first's body.
Third: a down candle closing below the midpoint of the first candle's body.

The last 3 hits on this name

Thu 22 Jun 2023 down A long up candle (8.90→9.10), a small-bodied candle, then a down candle closing at 8.95, below the first candle's midpoint 9.00.
Tue 30 Aug 2022 down A long up candle (13.95→14.60), a small-bodied candle, then a down candle closing at 13.90, below the first candle's midpoint 14.27.
Thu 19 May 2022 down A long up candle (14.50→15.10), a small-bodied candle, then a down candle closing at 14.50, below the first candle's midpoint 14.80.

Quiet Shooting star · Single-candle shapes · reading down

3 hits in 520 candles · test this one alone Sign in to be alerted

Last seen Tue 23 Jan 2024

The most recent hit of Shooting star on the daily candles completed at Tue 23 Jan 2024, 5 sessions ago, a down reading. It is not in progress now. Since then the close has moved -10.18% to 12.35.

What the candles did

Upper wick 1.35 is 27.0× the body, the lower wick is 0% of the range, after +9.47% over the 5 candles before; high 15.15, close 13.75.

What this pattern is taken to mean

A long upper wick and a small body near the bottom, after a rise: the candle went well above and was pushed back down. Read as a high being rejected.

What followed on this name's own record

Only 2 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 2 of 2 times, median move -10.31%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · wick_times = 2, other_wick_pct = 15, context = 5

Upper wick ≥ wick_times × body.
Lower wick ≤ other_wick_pct of the range.
Context: the net move over the `context` candles before is positive (set 0 to skip).
The wick's high is reported as the level rejected.

The last 3 hits on this name

Tue 23 Jan 2024 down Upper wick 1.35 is 27.0× the body, the lower wick is 0% of the range, after +9.47% over the 5 candles before; high 15.15, close 13.75.
Fri 09 Jun 2023 down Upper wick 0.35 is 7.0× the body, the lower wick is 11% of the range, after +2.21% over the 5 candles before; high 9.70, close 9.30.
Wed 14 Jul 2021 down Upper wick 0.70 is 3.5× the body, the lower wick is 14% of the range, after +2.27% over the 5 candles before; high 21.30, close 20.60.

Quiet Cross of a level you set · Runs, breaks and structure · reading up or down

0 hits in 520 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Cross of a level you set did not complete anywhere in the 520 daily candles stored for this name (from Fri 09 Apr 2021 to Mon 26 Feb 2024).

What this pattern is taken to mean

The close went through a price you chose. Read however you meant the level.

What followed on this name's own record

No earlier hit on this name's daily candles has a full 10 sessions after it yet, so there is nothing to count.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · level = 0

Take the level you entered.
The pattern completes on a candle whose close is at or above the level while the previous close was below it (up), or at or below it while the previous close was above (down).
Nothing is reported until a level is set.

Quiet Three white soldiers · Multi-candle shapes · reading up

0 hits in 520 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Three white soldiers did not complete anywhere in the 520 daily candles stored for this name (from Fri 09 Apr 2021 to Mon 26 Feb 2024).

What this pattern is taken to mean

Three up candles in a row, each opening inside the previous body and closing higher, with little upper wick.

What followed on this name's own record

No earlier hit on this name's daily candles has a full 10 sessions after it yet, so there is nothing to count.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · wick_pct = 30

Take three consecutive candles, all closing above their opens.
Each close above the previous close.
Each open inside the previous candle's body.
Each upper wick no more than wick_pct of its body.

The library, rule by rule

What each pattern checks, in the order the code checks it, with the parameters and their defaults for daily candles. The "meaning" is the convention the pattern is named for, stated as a convention; whether it held on a given name is what the test above measures.

Runs, breaks and structure

Rules on closes, highs and lows alone. Plain to state, plain to check.

N consecutive rising candles · reading up · any candleA momentum run: every close above the one before it for N candles. The owner's first example. Conventionally read as buyers in control for as long as it lasts.

Walk the candles in order.
Count a streak: +1 when this close is above the previous close, back to 0 otherwise.
The pattern completes on the candle where the streak first reaches N.
Report the move from the close before the run to the close that completed it.
Progress: how long the current streak is against N, and whether the last close is still rising.

n = 5: Consecutive rising closes (N) — The owner's momentum-run example uses 20.

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N consecutive falling candles · reading down · any candleThe mirror: every close below the one before it for N candles. Read as sellers in control while it lasts.

Walk the candles in order.
Count a streak: +1 when this close is below the previous close, back to 0 otherwise.
The pattern completes on the candle where the streak first reaches N.
Report the move from the close before the run to the close that completed it.
Progress: the current streak against N.

n = 5: Consecutive falling closes (N)

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Higher highs and higher lows · reading up · any candleUptrend structure: each swing high above the last and each swing low above the last. Read as a trend that is still being confirmed by its pullbacks.

Find swing highs and lows with the zigzag: a pivot is confirmed once price has moved swing_pct against it.
Take every window of 2×swings+1 consecutive confirmed pivots.
Require each swing high in the window above the previous swing high, and each swing low above the previous swing low.
The pattern completes on the candle where the last pivot in the window was confirmed.
The last swing low is reported as the level the structure stands on.

swings = 2: Higher highs / higher lows required
swing_pct = 3: Minimum swing size, % — Smaller on intraday candles.

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Lower highs and lower lows · reading down · any candleDowntrend structure: each swing high below the last and each swing low below the last.

Find swing highs and lows with the zigzag (pivot confirmed after a swing_pct move against it).
Take every window of 2×swings+1 consecutive confirmed pivots.
Require each swing high below the previous swing high, and each swing low below the previous swing low.
The pattern completes on the candle where the last pivot was confirmed.
The last swing high is reported as the level the structure hangs from.

swings = 2: Lower highs / lower lows required
swing_pct = 3: Minimum swing size, %

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Gap at the open · reading up or down · any candleThe session opened at least X% away from the previous close. Read as news or flow arriving overnight.

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.

pct = 1: Minimum gap, %

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Move of X% within M candles · reading up or down · any candleA fast move: the close is at least X% away from where it was M candles ago. Read as a burst of one-sided flow.

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.

pct = 2: Minimum move, %
candles = 3: Within this many candles (M)

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Cross of a level you set · reading up or down · any candleThe close went through a price you chose. Read however you meant the level.

Take the level you entered.
The pattern completes on a candle whose close is at or above the level while the previous close was below it (up), or at or below it while the previous close was above (down).
Nothing is reported until a level is set.

level = 0: Your level, ₹ — Required — leave at 0 and this pattern reports nothing.

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Inside bar, then a breakout · reading up or down · any candleA candle whose whole range sat inside the one before it (a pause), then a close outside the mother candle's range. Read as a pause resolving.

Take three consecutive candles: mother, inside, break.
Inside: its high ≤ mother high and its low ≥ mother low.
The pattern completes when the third candle closes above the mother high (up) or below the mother low (down).

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Indicator-based

Rules on a derived line: moving averages, VWAP, volume, RSI, Bollinger bands.

Moving-average cross · reading up or down · any candleThe faster simple average crossed the slower one. Read as the near-term average price overtaking (or falling behind) the longer one.

Compute SMA(fast) and SMA(slow) of the closes.
The pattern completes on a candle where fast was ≤ slow on the previous candle and is > slow now (up), or ≥ before and < now (down).
fast must be smaller than slow, else nothing is reported.

fast = 9: Fast average, candles
slow = 21: Slow average, candles

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Volume spike · reading up or down · any candleOne candle traded many times the recent average volume. Read as attention arriving; the candle's colour says which way it leaned.

Average the volume of the previous M candles (those that reported one).
The pattern completes when this candle's volume ≥ times × that average.
Direction is the candle's own: up if it closed above its open, down if below, neutral if flat.

times = 3: Multiple of the average
candles = 20: Average over this many candles (M)

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RSI into overbought / oversold · reading up or down · any candleWilder's RSI crossed into the overbought zone (reported as a 'down' observation: stretched) or the oversold zone ('up': washed out).

Compute RSI(n) from the closes (Wilder smoothing).
The pattern completes when RSI moves from below `high` to at or above it (overbought → down), or from above `low` to at or below it (oversold → up).
Only the crossing candle is a hit, not every candle spent inside the zone.

n = 14: RSI length
high = 70: Overbought above
low = 30: Oversold below

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Bollinger squeeze, then a break · reading up or down · any candleThe bands had narrowed to their tightest in a while, then the close left them. Read as a quiet stretch ending.

Compute Bollinger bands: SMA(n) ± k × standard deviation of the last n closes; bandwidth = (upper − lower) / middle.
Squeeze: the smallest bandwidth in the last 6 candles is within 5% of the smallest over the last `squeeze` candles.
The pattern completes on a candle that closes above the upper band having been at or below it the candle before (up), or the mirror below the lower band (down), while squeezed.

n = 20: Band length
k = 2: Standard deviations
squeeze = 60: Tightest in this many candles

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Trend and waves

The fitted trend line and the swing count. A wave count is a reading of the swings, not a prophecy.

Trend line: slope, length, strength · reading up or down · any candleThe straight-line fit through the last N closes: how steep, how long, how clean. This is the slope/length/strength reading (R6) and a version of the 20-candle rule that fires on a clean run even when one close in the middle dipped.

Fit a least-squares line through the last N closes (x = candle index).
Slope % = slope / mean close × 100, per candle. R² = share of the variance the line explains (1 = a ruler, 0 = chop).
Length = candles since the window's low (for a rising line) or high (falling). Magnitude = % from that extreme to the last close.
Continuing = the last close is on the slope's side of the fitted line, or the last three closes all moved with the slope.
The pattern completes when |slope %| ≥ min_slope_pct and R² ≥ min_r2; consecutive qualifying candles count once, at the first.
Progress always reports the current slope, R², length, magnitude and whether it is continuing.

n = 20: Candles in the fit (N)
min_slope_pct = 0.25: Minimum slope, % per candle
min_r2 = 0.8: Minimum R²

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Impulse wave (five swings, Elliott-style) · reading up or down · any candleFive alternating swings that obey the three classical impulse rules. A count, not a prophecy: the same swings can be counted more than one way, and this is the plain mechanical reading.

Find swings with the zigzag at swing_pct.
Take six consecutive confirmed pivots L-H-L-H-L-H (up) or H-L-H-L-H-L (down).
Rule 1: wave 2 does not retrace past the start of wave 1.
Rule 2: wave 3 is not the shortest of waves 1, 3 and 5.
Rule 3: wave 4 does not enter the price territory of wave 1.
Each wave must make progress: 3 beyond 1, 5 beyond 3.
The pattern completes when the sixth pivot is confirmed. Progress reports 'wave 5 under way' when the first five pivots hold and the live swing is the fifth wave.

swing_pct = 4: Minimum swing size, %

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Multi-candle shapes

Two- and three-candle shapes from the classical catalogue.

Bullish engulfing · reading up · any candleA down candle followed by an up candle whose body covers it, after a decline. Read as the decline being rejected in one candle.

Take two consecutive candles.
First closes below its open; second closes above its open.
Second's open ≤ first's close and second's close ≥ first's open (its body covers the first's body).
Context: the net move over the `context` candles before the pair is negative (set 0 to skip).

context = 5: Decline measured over this many candles before

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Bearish engulfing · reading down · any candleAn up candle followed by a down candle whose body covers it, after a rise.

Take two consecutive candles.
First closes above its open; second closes below its open.
Second's open ≥ first's close and second's close ≤ first's open.
Context: the net move over the `context` candles before the pair is positive (set 0 to skip).

context = 5: Rise measured over this many candles before

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Morning star · reading up · any candleA long down candle, a small-bodied candle, then an up candle closing above the midpoint of the first. Read as a decline stalling and turning.

Take three consecutive candles.
First: a down candle with a body at least the average body of the ten candles before it.
Second: a body no bigger than small_pct of the first's body.
Third: an up candle closing above the midpoint of the first candle's body.

small_pct = 30: Middle candle body, % of the first's

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Evening star · reading down · any candleA long up candle, a small-bodied candle, then a down candle closing below the midpoint of the first.

Take three consecutive candles.
First: an up candle with a body at least the average body of the ten candles before it.
Second: a body no bigger than small_pct of the first's body.
Third: a down candle closing below the midpoint of the first candle's body.

small_pct = 30: Middle candle body, % of the first's

Test this pattern on RELCAPITAL

Three white soldiers · reading up · any candleThree up candles in a row, each opening inside the previous body and closing higher, with little upper wick.

Take three consecutive candles, all closing above their opens.
Each close above the previous close.
Each open inside the previous candle's body.
Each upper wick no more than wick_pct of its body.

wick_pct = 30: Maximum upper wick, % of body

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Three black crows · reading down · any candleThree down candles in a row, each opening inside the previous body and closing lower, with little lower wick.

Take three consecutive candles, all closing below their opens.
Each close below the previous close.
Each open inside the previous candle's body.
Each lower wick no more than wick_pct of its body.

wick_pct = 30: Maximum lower wick, % of body

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Single-candle shapes

One candle's body and wicks. Weak on their own; shown with what followed on this name.

Doji · reading neutral · any candleOpen and close almost equal: the candle ranged but ended where it began. Read as indecision.

Body = |close − open|; range = high − low.
The pattern completes when range > 0 and body ≤ body_pct of the range.

body_pct = 10: Body no more than this % of the range

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Hammer · reading up · any candleA long lower wick and a small body near the top, after a decline: the candle went well below and was pulled back up. Read as a low being rejected.

Lower wick ≥ wick_times × body.
Upper wick ≤ other_wick_pct of the range.
Context: the net move over the `context` candles before is negative (set 0 to skip).
The wick's low is reported as the level rejected.

wick_times = 2: Lower wick at least this many × body
other_wick_pct = 15: Upper wick at most this % of range
context = 5: Decline measured over this many candles before

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Shooting star · reading down · any candleA long upper wick and a small body near the bottom, after a rise: the candle went well above and was pushed back down. Read as a high being rejected.

Upper wick ≥ wick_times × body.
Lower wick ≤ other_wick_pct of the range.
Context: the net move over the `context` candles before is positive (set 0 to skip).
The wick's high is reported as the level rejected.

wick_times = 2: Upper wick at least this many × body
other_wick_pct = 15: Lower wick at most this % of range
context = 5: Rise measured over this many candles before

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Marubozu · reading up or down · any candleAlmost no wicks: the candle opened at one end of its range and closed at the other. Read as one side in control for the whole candle.

Body = |close − open|; range = high − low.
The pattern completes when range > 0 and body ≥ body_pct of the range.
Direction is the candle's colour.

body_pct = 90: Body at least this % of the range

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Indicator definitions: SMA(n) is the mean of the last n closes. RSI(n) is Wilder's — average gain over average loss, smoothed by (previous × (n−1) + now) / n. ATR(n) is the Wilder-smoothed mean of the true range. Bollinger bands are SMA(n) ± k standard deviations of the same n closes. VWAP is Σ(typical price × volume) / Σ volume within the session, typical price = (high + low + close) / 3. The trend line is ordinary least squares on close against candle index. Swings come from a zigzag that confirms a pivot once price has moved the swing size against it.