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Markets › Nikkei 225 › Gap up

Japanese stock market · price-structure setup

Gap up on Nikkei 225

On Nikkei 225 the gap up showed up 387 times. The target came first 47% of the time, the stop 49%, and 4% went nowhere within 12 candles.

Counted on Nikkei 225: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily18345%51%4%
Hourly20449%48%3%

Nikkei 225 against the rest

ChartsFoundTarget firstStop firstWent nowhere
Nikkei 22538747%49%4%
All Japanese stock market charts1,38543%54%3%
Every market12,76840%54%6%

Year by year

YearFoundTarget firstStop first
2016838%50%
20173050%50%
20181443%50%
20192556%44%
20202143%52%
20211741%59%
20221735%53%
20232548%44%
20241741%53%
202513547%49%
20267851%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 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 Nikkei 225

Inside bar · Stochastic bearish cross · Gap down · 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 up elsewhere

Sony · Toyota · SoftBank · Sensex · Nifty 50 · Dow Jones · S&P 500

Questions

How often does the gap up work on Nikkei 225?

In 387 cases on Nikkei 225, the target (1.5 × ATR) came before the stop (1 × ATR) 47% of the time and the stop came first 49%; 4% 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.