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US stock market · candlestick pattern

Spinning top on JPMorgan

On JPMorgan the spinning top showed up 221 times. Within 12 candles price broke up 55% of the time, broke down 45% and stayed inside 0%.

Counted on JPMorgan Chase: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily10863%37%0%
Hourly11347%52%1%

JPMorgan against the rest

ChartsFoundBroke upBroke downStayed inside
JPMorgan22155%45%0%
All US stock market charts5,80352%47%1%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
20161369%31%
20171369%31%
2018850%50%
20191553%47%
2020862%38%
20211050%50%
2022875%25%
2023786%14%
20241759%35%
20256344%56%
20265953%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 JPMorgan

Inside bar · Stochastic bearish cross · Stochastic bullish cross · MACD bearish cross · Doji · Gap up · Gap down · Volume profile rejection · Volume profile bounce · RSI overbought drop · all of them

The spinning top elsewhere

Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Sensex · Nifty 50 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the spinning top work on JPMorgan?

In 221 cases on JPMorgan, price broke up 55% of the time, broke down 45% and stayed inside 0% within 12 candles.

What is the spinning top?

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