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US stock market · candlestick pattern

Spinning top on Oracle

On Oracle the spinning top showed up 204 times. Within 12 candles price broke up 51% of the time, broke down 48% and stayed inside 1%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily9956%42%2%
Hourly10547%53%0%

Oracle against the rest

ChartsFoundBroke upBroke downStayed inside
Oracle20451%48%1%
All US stock market charts5,80352%47%1%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
20161050%50%
20171662%38%
2018617%83%
2019650%33%
2020956%33%
2021956%44%
20221080%20%
20231060%40%
20241136%64%
20256452%48%
20265345%55%

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 Oracle

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Gap up · Gap down · Doji · MACD bearish cross · MACD bullish cross · Volume profile bounce · EMA 9/21 bullish cross · all of them

The spinning top elsewhere

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

Questions

How often does the spinning top work on Oracle?

In 204 cases on Oracle, price broke up 51% of the time, broke down 48% and stayed inside 1% within 12 candles.

What is the spinning top?

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