Overview
- Historical Similar Setups
- 3since 2007
- Across
- 3different symbols
- Consistency
- Moderate
- Reliability
- Low
Positive (5D)
67%Positive (5D)
- Avg. Return (5D)
- +4.97%
- Median Return (5D)
- +5.42%
- Best Return (5D)
- +10.37%
- Worst Return (5D)
- -0.90%
- Max Favourable Excursion
Commentary
Bullish historical skew on limited evidence
Similar setups appeared 3 times historically. Over the next 5 trading days, the setup finished higher 67% of the time with a median move of +5.4%. Results were moderately consistent across historical cases. Historical downside was relatively contained, with the worst outcome at -0.9%. The sample was limited, so this should be treated as weak historical evidence.