Markets › SPDR S&P 500 ETF › Gap up
US stock market · price-structure setup
Gap up on SPDR S&P 500 ETF
On SPDR S&P 500 ETF the gap up showed up 228 times. The target came first 41% of the time, the stop 49%, and 10% went nowhere within 12 candles.
Counted on SPDR S&P 500 ETF: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 91 | 54% | 41% | 5% |
| Hourly | 137 | 33% | 54% | 13% |
SPDR S&P 500 ETF against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| SPDR S&P 500 ETF | 228 | 41% | 49% | 10% |
| All US stock market charts | 5,183 | 41% | 53% | 6% |
| Every market | 12,768 | 40% | 54% | 6% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 5 | 60% | 40% |
| 2017 | 13 | 38% | 54% |
| 2018 | 5 | 20% | 80% |
| 2019 | 14 | 64% | 29% |
| 2020 | 16 | 56% | 38% |
| 2021 | 4 | 50% | 50% |
| 2022 | 6 | 50% | 33% |
| 2023 | 5 | 80% | 20% |
| 2024 | 12 | 50% | 50% |
| 2025 | 81 | 35% | 51% |
| 2026 | 67 | 36% | 54% |
The last 8 times
- 9 Oct 2026, 09:30 ET · hourly · went nowhere
- 6 Oct 2026, 09:30 ET · hourly · stop first after 7 candles
- 2 Oct 2026, 09:30 ET · hourly · stop first after 1 candle
- 30 Sep 2026, 09:30 ET · hourly · stop first after 6 candles
- 21 Sep 2026, 09:30 ET · hourly · target first after 2 candles
- 17 Sep 2026, 09:30 ET · hourly · stop first after 9 candles
- 16 Sep 2026, 09:30 ET · hourly · target first after 2 candles
- 11 Sep 2026, 09:30 ET · hourly · stop first after 7 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 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 SPDR S&P 500 ETF
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Gap down · Spinning top · MACD bearish cross · Doji · RSI overbought drop · Volume profile bounce · Volume profile rejection · all of them
The gap up elsewhere
Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Sensex · Nifty 50 · Nikkei 225 · Sony
Questions
How often does the gap up work on SPDR S&P 500 ETF?
In 228 cases on SPDR S&P 500 ETF, the target (1.5 × ATR) came before the stop (1 × ATR) 41% of the time and the stop came first 49%; 10% 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.