In progress now Gap at the open · Runs, breaks and structure · reading down
46 hits in 135 candles · test this one alone Sign in to be alertedHit on the latest weekly candle — week of 02 Dec 2024
Gap at the open completed on the candle that closed at week of 02 Dec 2024, a down reading. That is the newest candle on file, so this is in progress now.
What the candles did
Opened at 0.34, -2.86% below the previous close of 0.35.
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 42 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) 11 times of 42 (26%). Median move in the hit's direction +0.00%; best +50.00%, worst -30.00%. Within the window the move typically reached +9.88% in the hit's favour and -12.92% 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 02 Dec 2024 down Opened at 0.34, -2.86% below the previous close of 0.35.
- week of 25 Nov 2024 down Opened at 0.36, -2.70% below the previous close of 0.37.
- week of 18 Nov 2024 down Opened at 0.34, -5.56% below the previous close of 0.36.
- week of 11 Nov 2024 up Opened at 0.36, +2.86% above the previous close of 0.35.
- week of 04 Nov 2024 down Opened at 0.34, -2.86% below the previous close of 0.35.
- week of 28 Oct 2024 down Opened at 0.35, -5.41% below the previous close of 0.37.
- week of 23 Sep 2024 down Opened at 0.43, -2.27% below the previous close of 0.44.
- week of 16 Sep 2024 down Opened at 0.45, -4.26% below the previous close of 0.47.
- week of 09 Sep 2024 up Opened at 0.52, +4.00% above the previous close of 0.50.
- week of 02 Sep 2024 up Opened at 0.49, +2.08% above the previous close of 0.48.
- week of 26 Aug 2024 up Opened at 0.47, +2.17% above the previous close of 0.46.
- week of 19 Aug 2024 up Opened at 0.45, +2.27% above the previous close of 0.44.