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US stock market · candlestick pattern

Spinning top on Broadcom

On Broadcom the spinning top showed up 198 times. Within 12 candles price broke up 53% of the time, broke down 45% and stayed inside 2%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily9952%48%0%
Hourly9955%41%4%

Broadcom against the rest

ChartsFoundBroke upBroke downStayed inside
Broadcom19853%45%2%
All US stock market charts5,80352%47%1%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
2016944%56%
2017729%71%
20181155%45%
2019743%57%
2020757%43%
2021333%67%
20221060%40%
2023838%62%
20241729%71%
20256565%32%
20265454%43%

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 spinning top is

Small body, wicks on both sides. Nobody is in charge.

A spinning top toy whirls fast but stays in one spot. This candle is the same: price ran up and down a lot, but it ended close to where it began. Buyers and sellers were both busy, and neither took charge.

The full spinning top lesson, video and quiz ›

Other patterns on Broadcom

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

The spinning top elsewhere

Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Oracle · Nvidia · Microsoft · Meta · Intel · Sensex · Nifty 50 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the spinning top work on Broadcom?

In 198 cases on Broadcom, price broke up 53% of the time, broke down 45% and stayed inside 2% within 12 candles.

What is the spinning top?

Small body, wicks on both sides. Nobody is in charge.