US stock market · price-structure setup
Gap down on JPMorgan
On JPMorgan the gap down showed up 154 times. The target came first 34% of the time, the stop 64%, and 2% went nowhere within 12 candles.
Counted on JPMorgan Chase: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 79 | 37% | 61% | 3% |
| Hourly | 75 | 32% | 67% | 1% |
JPMorgan against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| JPMorgan | 154 | 34% | 64% | 2% |
| All US stock market charts | 4,695 | 36% | 61% | 3% |
| Every market | 10,856 | 36% | 61% | 4% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 10 | 40% | 60% |
| 2017 | 8 | 12% | 75% |
| 2018 | 5 | 40% | 60% |
| 2019 | 11 | 64% | 36% |
| 2020 | 13 | 31% | 69% |
| 2021 | 7 | 29% | 71% |
| 2022 | 9 | 33% | 67% |
| 2023 | 3 | 67% | 33% |
| 2024 | 9 | 22% | 78% |
| 2025 | 42 | 36% | 64% |
| 2026 | 37 | 30% | 65% |
The last 8 times
- 23 Sep 2026, 09:30 ET · hourly · target first after 7 candles
- 14 Sep 2026, 09:30 ET · hourly · target first after 3 candles
- 10 Sep 2026, 09:30 ET · hourly · stop first after 7 candles
- 9 Sep 2026, 09:30 ET · hourly · target first after 7 candles
- 27 Aug 2026, 09:30 ET · hourly · stop first after 1 candle
- 14 Jul 2026 · daily · stop first after 1 candle
- 23 Jun 2026, 09:30 ET · hourly · stop first after 2 candles
- 3 Jun 2026, 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 gap down is
Price opened below the previous candle's low. It jumped down between the two candles.
Imagine a shop that shuts at night. While it is closed, bad news spreads about a toy, so when the shop opens, the very first price is already below anything paid the day before. On a chart, a candle that starts below the bottom of the candle before it is called a gap down.
The full gap down lesson, video and quiz ›
Other patterns on JPMorgan
Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · MACD bearish cross · Doji · Gap up · Volume profile rejection · Volume profile bounce · RSI overbought drop · all of them
The gap down elsewhere
Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Sensex · Nifty 50 · Nikkei 225 · Sony
Questions
How often does the gap down work on JPMorgan?
In 154 cases on JPMorgan, the target (1.5 × ATR) came before the stop (1 × ATR) 34% of the time and the stop came first 64%; 2% went nowhere within 12 candles.
What is the gap down?
Price opened below the previous candle's low. It jumped down between the two candles.