Japanese stock market · price-structure setup
Gap down on SoftBank
On SoftBank the gap down showed up 297 times. The target came first 39% of the time, the stop 58%, and 3% went nowhere within 12 candles.
Counted on SoftBank Group: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 155 | 35% | 63% | 3% |
| Hourly | 142 | 43% | 54% | 4% |
SoftBank against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| SoftBank | 297 | 39% | 58% | 3% |
| All Japanese stock market charts | 1,223 | 38% | 60% | 2% |
| Every market | 10,856 | 36% | 61% | 4% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 5 | 40% | 60% |
| 2017 | 17 | 24% | 76% |
| 2018 | 16 | 44% | 56% |
| 2019 | 13 | 31% | 69% |
| 2020 | 10 | 40% | 60% |
| 2021 | 12 | 25% | 67% |
| 2022 | 20 | 45% | 55% |
| 2023 | 12 | 33% | 67% |
| 2024 | 29 | 31% | 69% |
| 2025 | 103 | 40% | 56% |
| 2026 | 60 | 47% | 47% |
The last 8 times
- 14 Sep 2026, 09:00 JST · hourly · stop first after 6 candles
- 11 Sep 2026, 09:00 JST · hourly · target first after 6 candles
- 10 Sep 2026, 09:00 JST · hourly · target first after 6 candles
- 2 Sep 2026, 09:00 JST · hourly · stop first after 12 candles
- 31 Aug 2026, 09:00 JST · hourly · stop first after 3 candles
- 21 Aug 2026, 09:00 JST · hourly · target first after 7 candles
- 19 Aug 2026, 09:00 JST · hourly · went nowhere
- 19 Aug 2026 · daily · went nowhere
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 SoftBank
Inside bar · Gap up · Stochastic bearish cross · Stochastic bullish cross · Doji · Spinning top · MACD bearish cross · MACD bullish cross · RSI overbought drop · EMA 9/21 bearish cross · all of them
The gap down elsewhere
Nikkei 225 · Sony · Toyota · Sensex · Nifty 50 · Dow Jones · S&P 500
Questions
How often does the gap down work on SoftBank?
In 297 cases on SoftBank, the target (1.5 × ATR) came before the stop (1 × ATR) 39% of the time and the stop came first 58%; 3% 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.