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Japanese stock market · indicator signal

Bollinger breakout down on SoftBank

On SoftBank the bollinger breakout down showed up 22 times. The target came first 32% of the time, the stop 68%, and 0% went nowhere within 12 candles.

Counted on SoftBank Group: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1414%86%0%
Hourly862%38%0%

SoftBank against the rest

ChartsFoundTarget firstStop firstWent nowhere
SoftBank2232%68%0%
All Japanese stock market charts9335%61%3%
Every market11,44941%56%3%

Year by year

YearFoundTarget firstStop first
201730%100%
2022333%67%
2025450%50%
2026475%25%

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 down is

After a tight squeeze, price closed below the lower band.

Squeeze a spring tight and it can jump in any direction when you let go. Bollinger Bands squeeze close together when prices are calm. After a tight squeeze, a close below the bottom band is like the spring snapping downward.

The full bollinger breakout down lesson, video and quiz ›

Other patterns on SoftBank

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

The bollinger breakout down elsewhere

Nikkei 225 · Sony · Sensex · Nifty 50 · Dow Jones · S&P 500 · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the bollinger breakout down work on SoftBank?

In 22 cases on SoftBank, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 68%; 0% went nowhere within 12 candles.

What is the bollinger breakout down?

After a tight squeeze, price closed below the lower band.