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Indian stock market · candlestick pattern

Spinning top on Hindustan Unilever

On Hindustan Unilever the spinning top showed up 198 times. Within 12 candles price broke up 52% of the time, broke down 44% and stayed inside 5%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily8963%35%2%
Hourly10942%51%6%

Hindustan Unilever against the rest

ChartsFoundBroke upBroke downStayed inside
Hindustan Unilever19852%44%5%
All Indian stock market charts12,55651%47%2%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
2016888%12%
20171681%19%
20181020%80%
2019989%11%
2020580%20%
20211173%9%
20221346%54%
2023944%56%
20241050%50%
20257141%54%
20263644%47%

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 Hindustan Unilever

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Volume profile rejection · Doji · MACD bullish cross · MACD bearish cross · Volume profile bounce · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them

The spinning top elsewhere

Sensex · Nifty 50 · Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · State Bank of India · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the spinning top work on Hindustan Unilever?

In 198 cases on Hindustan Unilever, price broke up 52% of the time, broke down 44% and stayed inside 5% within 12 candles.

What is the spinning top?

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