Overview
- Historical Similar Setups
- 4since 2012
- Across
- 4different symbols
- Consistency
- High
- Reliability
- Low
Positive (5D)
25%Positive (5D)
- Avg. Return (5D)
- -1.21%
- Median Return (5D)
- -0.28%
- Best Return (5D)
- +0.61%
- Worst Return (5D)
- -4.89%
- Max Favourable Excursion
Commentary
Mild negative historical skew with elevated downside risk on limited evidence
Similar setups appeared 4 times historically. Over the next 5 trading days, the setup finished lower 75% of the time with a median move of -0.3%. Results were relatively consistent across historical cases. Downside risk was elevated, with the worst historical outcome at -4.9%. The sample was limited, so this should be treated as weak historical evidence.