Trading Class

Markets › Dow Jones › Doji

US stock market · candlestick pattern

Doji on Dow Jones

On Dow Jones the doji showed up 171 times. Within 12 candles price broke up 55% of the time, broke down 44% and stayed inside 1%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily8454%45%1%
Hourly8756%44%0%

Dow Jones against the rest

ChartsFoundBroke upBroke downStayed inside
Dow Jones17155%44%1%
All US stock market charts4,52054%45%1%
Every market69,19749%49%3%

Year by year

YearFoundBroke upBroke down
20161040%60%
2017944%56%
2018450%50%
2019862%38%
2020450%50%
2021633%67%
20221070%30%
2023743%43%
20241155%45%
20255459%41%
20264856%44%

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 doji is

Open and close are almost equal. Buyers and sellers are in a tie.

Picture a tug of war where both teams pull hard, but when the whistle blows the flag is right back in the middle. A doji candle is that tie: price moved up and down, but it closed almost exactly where it opened. Nobody won this round.

The full doji lesson, video and quiz ›

Other patterns on Dow Jones

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

The doji 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 doji work on Dow Jones?

In 171 cases on Dow Jones, price broke up 55% of the time, broke down 44% and stayed inside 1% within 12 candles.

What is the doji?

Open and close are almost equal. Buyers and sellers are in a tie.