Trading Class

Markets › SoftBank › Doji

Japanese stock market · candlestick pattern

Doji on SoftBank

On SoftBank the doji showed up 173 times. Within 12 candles price broke up 55% of the time, broke down 43% and stayed inside 2%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily8658%41%1%
Hourly8752%46%2%

SoftBank against the rest

ChartsFoundBroke upBroke downStayed inside
SoftBank17355%43%2%
All Japanese stock market charts55651%48%1%
Every market69,19749%49%3%

Year by year

YearFoundBroke upBroke down
20161060%40%
2017650%50%
2018743%57%
2019838%62%
2020862%38%
20211242%58%
2022475%0%
2023786%14%
20241182%18%
20256554%43%
20263549%51%

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 doji is

Open and close are almost equal. Buyers and sellers are in a tie.

Picture a tug of war where both teams pull hard, but when the whistle blows the flag is right back in the middle. A doji candle is that tie: price moved up and down, but it closed almost exactly where it opened. Nobody won this round.

The full doji lesson, video and quiz ›

Other patterns on SoftBank

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

The doji elsewhere

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

Questions

How often does the doji work on SoftBank?

In 173 cases on SoftBank, price broke up 55% of the time, broke down 43% and stayed inside 2% within 12 candles.

What is the doji?

Open and close are almost equal. Buyers and sellers are in a tie.