Markets › SPDR S&P 500 ETF › Piercing line
US stock market · candlestick pattern
Piercing line on SPDR S&P 500 ETF
On SPDR S&P 500 ETF the piercing line showed up 22 times. The target came first 36% of the time, the stop 64%, and 0% 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 | 5 | 60% | 40% | 0% |
| Hourly | 17 | 29% | 71% | 0% |
SPDR S&P 500 ETF against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| SPDR S&P 500 ETF | 22 | 36% | 64% | 0% |
| All US stock market charts | 406 | 34% | 60% | 5% |
| Every market | 6,128 | 34% | 55% | 11% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2024 | 3 | 33% | 67% |
| 2025 | 7 | 14% | 86% |
| 2026 | 8 | 50% | 50% |
The last 8 times
- 8 Oct 2026, 13:30 ET · hourly · target first after 3 candles
- 21 Aug 2026, 10:30 ET · hourly · stop first after 6 candles
- 11 Aug 2026, 14:30 ET · hourly · target first after 2 candles
- 23 Jul 2026, 11:30 ET · hourly · stop first after 2 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
- 27 Mar 2026, 10:30 ET · hourly · stop first after 2 candles
- 20 Mar 2026, 15:30 ET · hourly · target first after 1 candle
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 SPDR S&P 500 ETF
Inside bar · Stochastic bearish cross · Gap up · Stochastic bullish cross · Gap down · Spinning top · MACD bearish cross · Doji · RSI overbought drop · Volume profile bounce · all of them
The piercing line elsewhere
S&P 500 · GBP/USD · EUR/JPY · Ethereum · Bitcoin
Questions
How often does the piercing line work on SPDR S&P 500 ETF?
In 22 cases on SPDR S&P 500 ETF, the target (1.5 × ATR) came before the stop (1 × ATR) 36% of the time and the stop came first 64%; 0% went nowhere within 12 candles.
What is the piercing line?
After a big red candle, green closes above its middle.