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US stock market · candlestick pattern

Bullish marubozu on Dow Jones

On Dow Jones the bullish marubozu showed up 70 times. The target came first 49% of the time, the stop 49%, and 3% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily3650%50%0%
Hourly3447%47%6%

Dow Jones against the rest

ChartsFoundTarget firstStop firstWent nowhere
Dow Jones7049%49%3%
All US stock market charts1,20840%55%6%
Every market12,13438%55%7%

Year by year

YearFoundTarget firstStop first
2016771%29%
2017475%25%
2018333%67%
202030%100%
2021475%25%
2023333%67%
2024450%50%
20252540%52%
20261450%50%

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 bullish marubozu is

A full green body with no wicks. Buyers owned the whole candle.

Imagine a runner who sprints from the start line to the finish line without slowing down once. A bullish marubozu is a big green candle like that: price opened at the bottom and closed at the very top. Buyers were in charge from start to end.

The full bullish marubozu lesson, video and quiz ›

Other patterns on Dow Jones

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

The bullish marubozu elsewhere

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

Questions

How often does the bullish marubozu work on Dow Jones?

In 70 cases on Dow Jones, the target (1.5 × ATR) came before the stop (1 × ATR) 49% of the time and the stop came first 49%; 3% went nowhere within 12 candles.

What is the bullish marubozu?

A full green body with no wicks. Buyers owned the whole candle.