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US stock market · candlestick pattern
Shooting star on Dow Jones
On Dow Jones the shooting star showed up 21 times. The target came first 38% of the time, the stop 62%, and 0% went nowhere within 12 candles.
Counted on Dow Jones: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 13 | 38% | 62% | 0% |
| Hourly | 8 | 38% | 62% | 0% |
Dow Jones against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Dow Jones | 21 | 38% | 62% | 0% |
| All US stock market charts | 741 | 37% | 60% | 3% |
| Every market | 10,013 | 36% | 57% | 7% |
The last 8 times
- 3 Sep 2026, 09:30 ET · hourly · stop first after 1 candle
- 5 Aug 2026 · daily · target first after 9 candles
- 4 Aug 2026, 09:30 ET · hourly · stop first after 1 candle
- 5 Jun 2026, 10:30 ET · hourly · target first after 2 candles
- 6 May 2026, 10:30 ET · hourly · stop first after 6 candles
- 8 Apr 2026, 13:30 ET · hourly · stop first after 5 candles
- 23 Mar 2026, 14:30 ET · hourly · target first after 2 candles
- 1 Dec 2025, 09:30 ET · hourly · stop first after 2 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 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 shooting star elsewhere
Alibaba · Tesla · Broadcom · 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 Dow Jones?
In 21 cases on Dow Jones, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 62%; 0% went nowhere within 12 candles.
What is the shooting star?
After a rise, buyers pushed up and sellers slammed it back down.