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Markets › Nasdaq 100 › Doji

US stock market · candlestick pattern

Doji on Nasdaq 100

On Nasdaq 100 the doji showed up 107 times. Within 12 candles price broke up 46% of the time, broke down 53% and stayed inside 1%.

Counted on Nasdaq 100: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily5444%56%0%
Hourly5347%51%2%

Nasdaq 100 against the rest

ChartsFoundBroke upBroke downStayed inside
Nasdaq 10010746%53%1%
All US stock market charts4,52054%45%1%
Every market69,19749%49%3%

Year by year

YearFoundBroke upBroke down
2016743%57%
2017520%80%
2018633%67%
2019450%50%
2020560%40%
2021425%75%
2022540%60%
2023450%50%
2024633%67%
20252669%27%
20263537%63%

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 doji is

Open and close are almost equal. Buyers and sellers are in a tie.

Picture a tug of war where both teams pull hard, but when the whistle blows the flag is right back in the middle. A doji candle is that tie: price moved up and down, but it closed almost exactly where it opened. Nobody won this round.

The full doji lesson, video and quiz ›

Other patterns on Nasdaq 100

Inside bar · Stochastic bearish cross · Gap up · Gap down · Stochastic bullish cross · MACD bearish cross · Spinning top · RSI overbought drop · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them

The doji elsewhere

Dow Jones · S&P 500 · 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 doji work on Nasdaq 100?

In 107 cases on Nasdaq 100, price broke up 46% of the time, broke down 53% and stayed inside 1% within 12 candles.

What is the doji?

Open and close are almost equal. Buyers and sellers are in a tie.