Markets › Broadcom › Shooting star
US stock market · candlestick pattern
Shooting star on Broadcom
On Broadcom the shooting star showed up 38 times. The target came first 37% of the time, the stop 63%, and 0% went nowhere within 12 candles.
Counted on Broadcom: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 21 | 29% | 71% | 0% |
| Hourly | 17 | 47% | 53% | 0% |
Broadcom against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Broadcom | 38 | 37% | 63% | 0% |
| All US stock market charts | 741 | 37% | 60% | 3% |
| Every market | 10,013 | 36% | 57% | 7% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2020 | 4 | 25% | 75% |
| 2021 | 3 | 0% | 100% |
| 2022 | 3 | 67% | 33% |
| 2023 | 5 | 20% | 80% |
| 2025 | 11 | 45% | 55% |
| 2026 | 8 | 38% | 62% |
The last 8 times
- 7 Jul 2026, 09:30 ET · hourly · stop first after 2 candles
- 17 Jun 2026, 14:30 ET · hourly · stop first after 2 candles
- 11 May 2026, 09:30 ET · hourly · target first after 8 candles
- 5 May 2026, 13:30 ET · hourly · stop first after 3 candles
- 4 May 2026, 09:30 ET · hourly · target first after 2 candles
- 16 Apr 2026, 10:30 ET · hourly · stop first after 6 candles
- 10 Apr 2026, 12:30 ET · hourly · stop first after 5 candles
- 6 Mar 2026, 11:30 ET · hourly · target first after 3 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 shooting star is
After a rise, buyers pushed up and sellers slammed it back down.
A firework shoots high into the sky, sparkles, and then falls back down. A shooting star candle is like that: after a rise, price shot up during the candle, then sellers pushed it back down near where it started. The long top wick is the trail it left behind.
The full shooting star lesson, video and quiz ›
Other patterns on Broadcom
Inside bar · Stochastic bearish cross · Gap up · Stochastic bullish cross · Spinning top · MACD bearish cross · Doji · Gap down · EMA 9/21 bearish cross · EMA 9/21 bullish cross · all of them
The shooting star elsewhere
Dow Jones · Alibaba · Tesla · Oracle · Microsoft · Meta · Intel · Boeing · Amazon · Bank of America · Sony · GBP/USD · EUR/JPY · Silver · Ethereum · Bitcoin
Questions
How often does the shooting star work on Broadcom?
In 38 cases on Broadcom, the target (1.5 × ATR) came before the stop (1 × ATR) 37% of the time and the stop came first 63%; 0% went nowhere within 12 candles.
What is the shooting star?
After a rise, buyers pushed up and sellers slammed it back down.