In progress now Move of X% within M candles · Runs, breaks and structure · reading up
117 hits in 520 candles · test this one alone Sign in to be alertedHit on the latest daily candle — Thu 02 May 2024
Move of X% within M candles has held from the candle of Tue 30 Apr 2024 through the newest one on file (2 sessions), an up reading. It is in progress now.
What the candles did
+2.38% in the last 3 candles, 561.10 to 574.45.
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 115 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) 58 times of 115 (50%). Median move in the hit's direction +0.05%; best +31.76%, worst -30.83%. Within the window the move typically reached +6.08% in the hit's favour and -5.38% 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 30 Apr 2024 up +2.38% in the last 3 candles, 561.10 to 574.45.
- Fri 19 Apr 2024 up +3.54% in the last 3 candles, 532.60 to 551.45.
- Mon 15 Apr 2024 down -3.37% in the last 3 candles, 551.20 to 532.60.
- Tue 09 Apr 2024 down -2.95% in the last 3 candles, 567.95 to 551.20.
- Mon 01 Apr 2024 up +2.47% in the last 3 candles, 491.05 to 503.20.
- Wed 27 Mar 2024 down -6.67% in the last 3 candles, 514.85 to 480.50.
- Fri 15 Mar 2024 up +2.20% in the last 3 candles, 484.85 to 495.50.
- Wed 06 Mar 2024 down -4.37% in the last 3 candles, 547.35 to 523.45.
- Thu 29 Feb 2024 up +2.80% in the last 3 candles, 534.10 to 549.05.
- Wed 28 Feb 2024 down -2.41% in the last 3 candles, 537.55 to 524.60.
- Thu 22 Feb 2024 down -4.01% in the last 3 candles, 556.00 to 533.70.
- Wed 14 Feb 2024 down -2.92% in the last 3 candles, 567.50 to 550.95.