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Japanese stock market · indicator signal

Bollinger breakout up on SoftBank

On SoftBank the bollinger breakout up showed up 22 times. The target came first 45% of the time, the stop 55%, 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
Daily1155%45%0%
Hourly1136%64%0%

SoftBank against the rest

ChartsFoundTarget firstStop firstWent nowhere
SoftBank2245%55%0%
All Japanese stock market charts9443%55%2%
Every market11,28739%58%3%

Year by year

YearFoundTarget firstStop first
2024633%67%
2025450%50%
2026743%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 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 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 up elsewhere

Nikkei 225 · Sony · Sensex · Dow Jones · S&P 500 · GBP/USD · EUR/JPY · Gold · Ethereum · Bitcoin

Questions

How often does the bollinger breakout up work on SoftBank?

In 22 cases on SoftBank, the target (1.5 × ATR) came before the stop (1 × ATR) 45% of the time and the stop came first 55%; 0% went nowhere within 12 candles.

What is the bollinger breakout up?

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