Overview
- Historical Similar Setups
- 2since 2017
- Across
- 2different symbols
- Consistency
- Moderate
- Reliability
- Low
Positive (5D)
0%Positive (5D)
- Avg. Return (5D)
- -5.29%
- Median Return (5D)
- -5.29%
- Best Return (5D)
- -0.55%
- Worst Return (5D)
- -10.03%
- Max Favourable Excursion
Commentary
Negative historical skew with elevated downside risk on limited evidence
Similar setups appeared 2 times historically. Over the next 5 trading days, the setup finished lower 100% of the time with a median move of -5.3%. Results were moderately consistent across historical cases. Downside tail risk was high, with the worst historical outcome at -10.0%. The sample was limited, so this should be treated as weak historical evidence.