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US stock market · indicator signal

ATR expansion down on Bank of America

On Bank of America the atr expansion down showed up 21 times. The target came first 38% of the time, the stop 62%, and 0% went nowhere within 12 candles.

Counted on Bank of America: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily30%100%0%
Hourly1844%56%0%

Bank of America against the rest

ChartsFoundTarget firstStop firstWent nowhere
Bank of America2138%62%0%
All US stock market charts48038%61%1%
Every market8,28342%55%2%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the atr expansion down is

After a very calm stretch, one big candle broke below the recent range. Calm often comes before a storm.

Think of a still, quiet sky that suddenly fills with a crack of thunder. After a very calm stretch, when ATR is low, an ATR expansion down is one big red candle that drops below the recent range. The calm has broken, and sellers are in front.

The full atr expansion down lesson, video and quiz ›

Other patterns on Bank of America

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Gap up · Gap down · Doji · MACD bearish cross · RSI overbought drop · EMA 9/21 bullish cross · all of them

The atr expansion down elsewhere

Dow Jones · Oracle · Boeing · Amazon · Uber · Sony · GBP/USD · EUR/JPY · Ethereum · Bitcoin

Questions

How often does the atr expansion down work on Bank of America?

In 21 cases on Bank of America, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 62%; 0% went nowhere within 12 candles.

What is the atr expansion down?

After a very calm stretch, one big candle broke below the recent range. Calm often comes before a storm.