US stock market · price-structure setup
Gap down on Palantir
On Palantir the gap down showed up 114 times. The target came first 29% of the time, the stop 58%, and 13% went nowhere within 12 candles.
Counted on Palantir: daily candles from September 2020 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 23 | 26% | 48% | 26% |
| Hourly | 91 | 30% | 60% | 10% |
Palantir against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Palantir | 114 | 29% | 58% | 13% |
| All US stock market charts | 4,695 | 36% | 61% | 3% |
| Every market | 10,856 | 36% | 61% | 4% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2022 | 6 | 33% | 33% |
| 2024 | 9 | 11% | 78% |
| 2025 | 52 | 29% | 60% |
| 2026 | 45 | 33% | 53% |
The last 8 times
- 28 Sep 2026, 09:30 ET · hourly · stop first after 3 candles
- 24 Sep 2026, 09:30 ET · hourly · went nowhere
- 15 Sep 2026, 09:30 ET · hourly · stop first after 2 candles
- 10 Sep 2026, 09:30 ET · hourly · went nowhere
- 4 Sep 2026, 09:30 ET · hourly · target first after 7 candles
- 2 Sep 2026, 09:30 ET · hourly · target first after 1 candle
- 1 Sep 2026, 09:30 ET · hourly · target first after 2 candles
- 31 Aug 2026, 09:30 ET · 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 Palantir
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Gap up · MACD bearish cross · RSI overbought drop · Doji · Volume profile rejection · EMA 9/21 bullish cross · all of them
The gap down elsewhere
Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Sensex · Nifty 50 · Nikkei 225 · Sony
Questions
How often does the gap down work on Palantir?
In 114 cases on Palantir, the target (1.5 × ATR) came before the stop (1 × ATR) 29% of the time and the stop came first 58%; 13% 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.