Overview
- Historical Similar Setups
- 3since 2007
- Across
- 3different symbols
- Consistency
- High
- Reliability
- Low
Positive (5D)
33%Positive (5D)
- Avg. Return (5D)
- -0.21%
- Median Return (5D)
- -1.20%
- Best Return (5D)
- +2.65%
- Worst Return (5D)
- -2.10%
- 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 -1.2%. Results were relatively consistent across historical cases. Downside tail risk was high, with the worst historical outcome at -2.1%. The sample was limited, so this should be treated as weak historical evidence.