In progress now Gap at the open · Runs, breaks and structure · reading down
72 hits in 111 candles · test this one alone Sign in to be alertedHit on the latest weekly candle — week of 07 Nov 2022
Gap at the open completed on the candle that closed at week of 07 Nov 2022, a down reading. That is the newest candle on file, so this is in progress now.
What the candles did
Opened at 375.50, -3.73% below the previous close of 390.05.
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 69 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) 31 times of 69 (45%). Median move in the hit's direction -0.36%; best +37.37%, worst -16.50%. Within the window the move typically reached +7.08% in the hit's favour and -6.46% 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 07 Nov 2022 down Opened at 375.50, -3.73% below the previous close of 390.05.
- week of 24 Oct 2022 up Opened at 393.60, +1.97% above the previous close of 386.00.
- week of 17 Oct 2022 down Opened at 382.00, -1.13% below the previous close of 386.35.
- week of 10 Oct 2022 down Opened at 382.10, -1.34% below the previous close of 387.30.
- week of 03 Oct 2022 down Opened at 379.00, -2.33% below the previous close of 388.05.
- week of 19 Sep 2022 down Opened at 380.10, -3.81% below the previous close of 395.15.
- week of 12 Sep 2022 up Opened at 399.95, +1.46% above the previous close of 394.20.
- week of 05 Sep 2022 up Opened at 377.80, +1.15% above the previous close of 373.50.
- week of 29 Aug 2022 down Opened at 368.15, -2.11% below the previous close of 376.10.
- week of 15 Aug 2022 up Opened at 381.80, +1.70% above the previous close of 375.40.
- week of 11 Jul 2022 up Opened at 392.40, +4.57% above the previous close of 375.25.
- week of 04 Jul 2022 down Opened at 363.50, -1.24% below the previous close of 368.05.