Overview
- Historical Similar Setups
- 3since 2007
- Across
- 3different symbols
- Consistency
- Moderate
- Reliability
- Low
Positive (5D)
67%Positive (5D)
- Avg. Return (5D)
- +1.79%
- Median Return (5D)
- +1.22%
- Best Return (5D)
- +8.15%
- Worst Return (5D)
- -3.99%
- Max Favourable Excursion
Commentary
Bullish historical skew with elevated downside risk 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 +1.2%. Results were moderately consistent across historical cases. Downside risk was elevated, with the worst historical outcome at -4.0%. The sample was limited, so this should be treated as weak historical evidence.