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Markets › Palantir › Bollinger breakout up

US stock market · indicator signal

Bollinger breakout up on Palantir

On Palantir the bollinger breakout up showed up 29 times. The target came first 38% of the time, the stop 59%, and 3% went nowhere within 12 candles.

Counted on Palantir: daily candles from September 2020 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily850%50%0%
Hourly2133%62%5%

Palantir against the rest

ChartsFoundTarget firstStop firstWent nowhere
Palantir2938%59%3%
All US stock market charts87740%57%3%
Every market11,28739%58%3%

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 bollinger breakout up is

After a tight squeeze, price closed above the upper band.

Squeeze a spring tight and let go, and it jumps. Bollinger Bands are lines that hug the price, getting narrow when things are calm and wide when things get wild. After a tight squeeze, a close above the top band is like the spring jumping up.

The full bollinger breakout up lesson, video and quiz ›

Other patterns on Palantir

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Gap up · MACD bearish cross · Gap down · RSI overbought drop · Doji · Volume profile rejection · all of them

The bollinger breakout up elsewhere

Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Microsoft · Meta · Intel · Sensex · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Ethereum · Bitcoin

Questions

How often does the bollinger breakout up work on Palantir?

In 29 cases on Palantir, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 59%; 3% went nowhere within 12 candles.

What is the bollinger breakout up?

After a tight squeeze, price closed above the upper band.