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Markets › Sony › Gap up

Japanese stock market · price-structure setup

Gap up on Sony

On Sony the gap up showed up 334 times. The target came first 38% of the time, the stop 59%, and 3% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily16539%58%3%
Hourly16938%59%3%

Sony against the rest

ChartsFoundTarget firstStop firstWent nowhere
Sony33438%59%3%
All Japanese stock market charts1,38543%54%3%
Every market12,76840%54%6%

Year by year

YearFoundTarget firstStop first
2016944%44%
20171346%46%
20182348%52%
20191741%53%
20201638%56%
20211759%41%
20222143%57%
20231916%84%
20242250%50%
202510833%62%
20266936%62%

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 Sony

Inside bar · Gap down · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · MACD bullish cross · all of them

The gap up elsewhere

Nikkei 225 · Toyota · SoftBank · Sensex · Nifty 50 · Dow Jones · S&P 500

Questions

How often does the gap up work on Sony?

In 334 cases on Sony, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 59%; 3% 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.