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US stock market · indicator signal

Volume profile rejection on Tesla

On Tesla the volume profile rejection showed up 145 times. The target came first 40% of the time, the stop 57%, and 3% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily6038%58%3%
Hourly8541%56%2%

Tesla against the rest

ChartsFoundTarget firstStop firstWent nowhere
Tesla14540%57%3%
All US stock market charts3,44538%60%2%
Every market63,35937%56%7%

Year by year

YearFoundTarget firstStop first
2016757%43%
2017450%50%
2019633%67%
202040%100%
2021714%57%
2022850%50%
202340%100%
20241010%90%
20255242%56%
20264151%46%

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 volume profile rejection is

Price rose back to the price where the most trading happened, and turned down.

Imagine walking back up to the busiest stall on a market street, only to find a crowd blocking the way, so you turn back. A volume profile rejection is when price rises back to or near the point of control, the price with the most trading, and gets pushed down again.

The full volume profile rejection lesson, video and quiz ›

Other patterns on Tesla

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

The volume profile rejection elsewhere

Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Broadcom · Oracle · Nvidia · Microsoft · Meta · Intel · Sony · Gold · Silver · Ethereum · Bitcoin

Questions

How often does the volume profile rejection work on Tesla?

In 145 cases on Tesla, the target (1.5 × ATR) came before the stop (1 × ATR) 40% of the time and the stop came first 57%; 3% went nowhere within 12 candles.

What is the volume profile rejection?

Price rose back to the price where the most trading happened, and turned down.