Markets › S&P 500 › Piercing line
US stock market · candlestick pattern
Piercing line on S&P 500
On S&P 500 the piercing line showed up 21 times. The target came first 33% of the time, the stop 67%, and 0% went nowhere within 12 candles.
Counted on S&P 500: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 6 | 33% | 67% | 0% |
| Hourly | 15 | 33% | 67% | 0% |
S&P 500 against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| S&P 500 | 21 | 33% | 67% | 0% |
| All US stock market charts | 406 | 34% | 60% | 5% |
| Every market | 6,128 | 34% | 55% | 11% |
The last 8 times
- 11 Aug 2026, 14:30 ET · hourly · target first after 2 candles
- 23 Jul 2026, 11:30 ET · hourly · stop first after 2 candles
- 8 Jul 2026, 11:30 ET · hourly · target first after 5 candles
- 23 Jun 2026, 11:30 ET · hourly · stop first after 3 candles
- 30 Mar 2026, 15:30 ET · hourly · target first after 1 candle
- 13 Feb 2026, 09:30 ET · hourly · stop first after 7 candles
- 15 Dec 2025, 10:30 ET · hourly · stop first after 2 candles
- 6 Nov 2025, 12:30 ET · hourly · stop first after 4 candles
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 piercing line is
After a big red candle, green closes above its middle.
Imagine sliding down a slide, then climbing back up more than halfway before you stop. A piercing line is like that: after a big red candle, the next green candle climbs back past the middle of the red one. Buyers took back more than half of the drop.
The full piercing line 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 · Doji · EMA 9/21 bullish cross · all of them
The piercing line elsewhere
SPDR S&P 500 ETF · GBP/USD · EUR/JPY · Ethereum · Bitcoin
Questions
How often does the piercing line work on S&P 500?
In 21 cases on S&P 500, the target (1.5 × ATR) came before the stop (1 × ATR) 33% of the time and the stop came first 67%; 0% went nowhere within 12 candles.
What is the piercing line?
After a big red candle, green closes above its middle.