Overview
- Historical Similar Setups
- 3since 2016
- Across
- 3different symbols
- Consistency
- High
- Reliability
- Low
Positive (5D)
33%Positive (5D)
- Avg. Return (5D)
- -0.66%
- Median Return (5D)
- -0.48%
- Best Return (5D)
- +0.12%
- Worst Return (5D)
- -1.60%
- Max Favourable Excursion
Commentary
Mild negative historical skew with elevated downside risk on limited evidence
Similar setups appeared 3 times historically. Over the next 5 trading days, the setup finished lower 67% of the time with a median move of -0.5%. Results were relatively consistent across historical cases. Downside risk was elevated, with the worst historical outcome at -1.6%. The sample was limited, so this should be treated as weak historical evidence.