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US stock market · candlestick pattern

Spinning top on Tesla

On Tesla the spinning top showed up 206 times. Within 12 candles price broke up 52% of the time, broke down 47% and stayed inside 0%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily9358%42%0%
Hourly11348%51%1%

Tesla against the rest

ChartsFoundBroke upBroke downStayed inside
Tesla20652%47%0%
All US stock market charts5,80352%47%1%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
2016956%44%
2017944%56%
20181267%33%
2019862%38%
20201656%44%
2021850%50%
2022333%67%
2023944%56%
20241867%33%
20256758%40%
20264736%64%

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 spinning top is

Small body, wicks on both sides. Nobody is in charge.

A spinning top toy whirls fast but stays in one spot. This candle is the same: price ran up and down a lot, but it ended close to where it began. Buyers and sellers were both busy, and neither took charge.

The full spinning top lesson, video and quiz ›

Other patterns on Tesla

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Gap up · Doji · Gap down · MACD bearish cross · Volume profile rejection · Volume profile bounce · MACD bullish cross · all of them

The spinning top elsewhere

Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Broadcom · Oracle · Nvidia · Microsoft · Meta · Intel · Sensex · Nifty 50 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the spinning top work on Tesla?

In 206 cases on Tesla, price broke up 52% of the time, broke down 47% and stayed inside 0% within 12 candles.

What is the spinning top?

Small body, wicks on both sides. Nobody is in charge.