Trading Class

Markets › Broadcom › Gap down

US stock market · price-structure setup

Gap down on Broadcom

On Broadcom the gap down showed up 152 times. The target came first 36% of the time, the stop 63%, and 1% went nowhere within 12 candles.

Counted on Broadcom: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily6138%62%0%
Hourly9134%64%2%

Broadcom against the rest

ChartsFoundTarget firstStop firstWent nowhere
Broadcom15236%63%1%
All US stock market charts4,69536%61%3%
Every market10,85636%61%4%

Year by year

YearFoundTarget firstStop first
2016560%40%
2018757%43%
2019933%67%
2020944%56%
2021425%75%
2022667%33%
2024714%86%
20254929%69%
20265437%61%

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 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 Broadcom

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

The gap down elsewhere

Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Oracle · Nvidia · Microsoft · Meta · Intel · Sensex · Nifty 50 · Nikkei 225 · Sony

Questions

How often does the gap down work on Broadcom?

In 152 cases on Broadcom, the target (1.5 × ATR) came before the stop (1 × ATR) 36% of the time and the stop came first 63%; 1% 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.