Markets › Nikkei 225 › Gap down
Japanese stock market · price-structure setup
Gap down on Nikkei 225
On Nikkei 225 the gap down showed up 308 times. The target came first 38% of the time, the stop 60%, and 2% went nowhere within 12 candles.
Counted on Nikkei 225: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 152 | 40% | 58% | 2% |
| Hourly | 156 | 36% | 63% | 1% |
Nikkei 225 against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Nikkei 225 | 308 | 38% | 60% | 2% |
| All Japanese stock market charts | 1,223 | 38% | 60% | 2% |
| Every market | 10,856 | 36% | 61% | 4% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 9 | 44% | 56% |
| 2017 | 9 | 0% | 100% |
| 2018 | 20 | 40% | 60% |
| 2019 | 18 | 28% | 61% |
| 2020 | 13 | 62% | 38% |
| 2021 | 15 | 33% | 67% |
| 2022 | 21 | 62% | 38% |
| 2023 | 18 | 39% | 61% |
| 2024 | 22 | 41% | 59% |
| 2025 | 94 | 38% | 60% |
| 2026 | 69 | 32% | 67% |
The last 8 times
- 15 Sep 2026, 13:00 JST · hourly · stop first after 6 candles
- 15 Sep 2026, 09:00 JST · hourly · stop first after 12 candles
- 14 Sep 2026, 09:00 JST · hourly · stop first after 2 candles
- 11 Sep 2026, 09:00 JST · hourly · target first after 6 candles
- 10 Sep 2026, 09:00 JST · hourly · stop first after 3 candles
- 9 Sep 2026, 09:00 JST · hourly · target first after 6 candles
- 8 Sep 2026, 09:00 JST · hourly · target first after 4 candles
- 7 Sep 2026, 13:00 JST · hourly · stop first after 3 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 Nikkei 225
Inside bar · Gap up · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI overbought drop · MACD bullish cross · all of them
The gap down elsewhere
Sony · Toyota · SoftBank · Sensex · Nifty 50 · Dow Jones · S&P 500
Questions
How often does the gap down work on Nikkei 225?
In 308 cases on Nikkei 225, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 60%; 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.