Trading Class

Markets › Nasdaq 100 › Gap up

US stock market · price-structure setup

Gap up on Nasdaq 100

On Nasdaq 100 the gap up showed up 240 times. The target came first 38% of the time, the stop 54%, and 8% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily11048%49%3%
Hourly13030%58%12%

Nasdaq 100 against the rest

ChartsFoundTarget firstStop firstWent nowhere
Nasdaq 10024038%54%8%
All US stock market charts5,18341%53%6%
Every market12,76840%54%6%

Year by year

YearFoundTarget firstStop first
2016743%43%
20171338%62%
2018757%43%
20191759%35%
20201650%50%
2021520%80%
202250%80%
2023989%11%
20241050%50%
20258330%59%
20266834%56%

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 gap up is

Price opened above the previous candle's high. It jumped up between the two candles.

Imagine a shop that shuts at night. While it is closed, everyone hears great news about a toy, so when the shop opens, the very first price is already above anything paid the day before. On a chart, a candle that starts above the top of the candle before it is called a gap up.

The full gap up lesson, video and quiz ›

Other patterns on Nasdaq 100

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

The gap up elsewhere

Dow Jones · S&P 500 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Intel · Sensex · Nifty 50 · Nikkei 225 · Sony

Questions

How often does the gap up work on Nasdaq 100?

In 240 cases on Nasdaq 100, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 54%; 8% went nowhere within 12 candles.

What is the gap up?

Price opened above the previous candle's high. It jumped up between the two candles.