Overview
- Historical Similar Setups
- 3since 2021
- Across
- 3different symbols
- Consistency
- High
- Reliability
- Low
Positive (5D)
0%Positive (5D)
- Avg. Return (5D)
- -1.20%
- Median Return (5D)
- -1.27%
- Best Return (5D)
- -0.60%
- Worst Return (5D)
- -1.74%
- Max Favourable Excursion
Commentary
Negative historical skew on limited evidence
Similar setups appeared 3 times historically. Over the next 5 trading days, the setup finished lower 100% of the time with a median move of -1.3%. Results were relatively consistent across historical cases. Historical downside was relatively contained, with the worst outcome at -1.7%. The sample was limited, so this should be treated as weak historical evidence.