Markets › Bank of America › Gap down
US stock market · price-structure setup
Gap down on Bank of America
On Bank of America the gap down showed up 171 times. The target came first 37% of the time, the stop 60%, and 3% went nowhere within 12 candles.
Counted on Bank of America: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 87 | 38% | 62% | 0% |
| Hourly | 84 | 37% | 57% | 6% |
Bank of America against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Bank of America | 171 | 37% | 60% | 3% |
| All US stock market charts | 4,695 | 36% | 61% | 3% |
| Every market | 10,856 | 36% | 61% | 4% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 6 | 67% | 33% |
| 2017 | 7 | 29% | 71% |
| 2018 | 8 | 25% | 75% |
| 2019 | 12 | 42% | 58% |
| 2020 | 18 | 28% | 72% |
| 2021 | 12 | 17% | 83% |
| 2022 | 8 | 62% | 38% |
| 2024 | 8 | 38% | 62% |
| 2025 | 47 | 45% | 49% |
| 2026 | 43 | 33% | 63% |
The last 8 times
- 8 Oct 2026, 09:30 ET · hourly · target first after 1 candle
- 7 Oct 2026, 09:30 ET · hourly · stop first after 3 candles
- 1 Oct 2026, 09:30 ET · hourly · stop first after 2 candles
- 28 Sep 2026, 09:30 ET · hourly · target first after 3 candles
- 23 Sep 2026, 09:30 ET · hourly · went nowhere
- 18 Sep 2026, 09:30 ET · hourly · went nowhere
- 14 Sep 2026, 09:30 ET · hourly · target first after 2 candles
- 9 Sep 2026, 09:30 ET · hourly · target first after 9 candles
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 gap down is
Price opened below the previous candle's low. It jumped down between the two candles.
Imagine a shop that shuts at night. While it is closed, bad news spreads about a toy, so when the shop opens, the very first price is already below anything paid the day before. On a chart, a candle that starts below the bottom of the candle before it is called a gap down.
The full gap down lesson, video and quiz ›
Other patterns on Bank of America
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Gap up · Doji · MACD bearish cross · RSI overbought drop · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them
The gap down elsewhere
Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Sensex · Nifty 50 · Nikkei 225 · Sony
Questions
How often does the gap down work on Bank of America?
In 171 cases on Bank of America, the target (1.5 × ATR) came before the stop (1 × ATR) 37% of the time and the stop came first 60%; 3% went nowhere within 12 candles.
What is the gap down?
Price opened below the previous candle's low. It jumped down between the two candles.