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Markets › Palantir › Gap up

US stock market · price-structure setup

Gap up on Palantir

On Palantir the gap up showed up 148 times. The target came first 46% of the time, the stop 53%, and 1% 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
Daily3759%41%0%
Hourly11141%57%2%

Palantir against the rest

ChartsFoundTarget firstStop firstWent nowhere
Palantir14846%53%1%
All US stock market charts5,18341%53%6%
Every market12,76840%54%6%

Year by year

YearFoundTarget firstStop first
2023667%33%
20242167%33%
20256038%58%
20265843%57%

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 Palantir

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · Gap down · RSI overbought drop · Doji · Volume profile rejection · EMA 9/21 bullish cross · all of them

The gap up 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 up work on Palantir?

In 148 cases on Palantir, the target (1.5 × ATR) came before the stop (1 × ATR) 46% of the time and the stop came first 53%; 1% 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.