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Markets › S&P 500 › Doji

US stock market · candlestick pattern

Doji on S&P 500

On S&P 500 the doji showed up 126 times. Within 12 candles price broke up 52% of the time, broke down 48% and stayed inside 0%.

Counted on S&P 500: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily6156%44%0%
Hourly6548%52%0%

S&P 500 against the rest

ChartsFoundBroke upBroke downStayed inside
S&P 50012652%48%0%
All US stock market charts4,52054%45%1%
Every market69,19749%49%3%

Year by year

YearFoundBroke upBroke down
2016540%60%
20171060%40%
2018580%20%
2019333%67%
2020475%25%
2021838%62%
2022743%57%
2023333%67%
2024944%56%
20253754%46%
20263551%49%

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 S&P 500

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

The doji elsewhere

Dow Jones · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Intel · Sensex · Nifty 50 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the doji work on S&P 500?

In 126 cases on S&P 500, price broke up 52% of the time, broke down 48% and stayed inside 0% within 12 candles.

What is the doji?

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