Overview
- Historical Similar Setups
- 3since 2011
- Across
- 3different symbols
- Consistency
- Moderate
- Reliability
- Low
Positive (5D)
33%Positive (5D)
- Avg. Return (5D)
- -3.24%
- Median Return (5D)
- -5.56%
- Best Return (5D)
- +3.94%
- Worst Return (5D)
- -8.09%
- Max Favourable Excursion
Commentary
Negative historical skew with elevated downside risk on limited evidence
Similar setups appeared 3 times historically. Over the next 5 trading days, the setup finished lower 67% of the time with a median move of -5.6%. Results were moderately consistent across historical cases. Downside tail risk was high, with the worst historical outcome at -8.1%. The sample was limited, so this should be treated as weak historical evidence.