Trading Class

Markets › Dow Jones › Fibonacci bounce up

US stock market · indicator signal

Fibonacci bounce up on Dow Jones

On Dow Jones the fibonacci bounce up showed up 36 times. The target came first 42% of the time, the stop 53%, and 6% 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
Daily944%44%11%
Hourly2741%56%4%

Dow Jones against the rest

ChartsFoundTarget firstStop firstWent nowhere
Dow Jones3642%53%6%
All US stock market charts1,46740%56%3%
Every market16,35735%58%8%

Year by year

YearFoundTarget firstStop first
2018450%25%
20251457%43%
20261527%67%

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 fibonacci bounce up is

After a big rise, price pulled back to the 50 to 61.8% zone and bounced.

Imagine climbing a hill, sliding back about halfway, then catching your footing and climbing again. Fibonacci levels mark how far back price slid compared with the climb. A Fibonacci bounce up is when price slides back into the 50% to 61.8% zone and bounces.

The full fibonacci bounce up 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 fibonacci bounce up 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 fibonacci bounce up work on Dow Jones?

In 36 cases on Dow Jones, the target (1.5 × ATR) came before the stop (1 × ATR) 42% of the time and the stop came first 53%; 6% went nowhere within 12 candles.

What is the fibonacci bounce up?

After a big rise, price pulled back to the 50 to 61.8% zone and bounced.