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Japanese stock market · candlestick pattern

Spinning top on Toyota

On Toyota the spinning top showed up 154 times. Within 12 candles price broke up 54% of the time, broke down 45% and stayed inside 1%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily7658%41%1%
Hourly7850%50%0%

Toyota against the rest

ChartsFoundBroke upBroke downStayed inside
Toyota15454%45%1%
All Japanese stock market charts67552%47%1%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
2016520%80%
2017862%38%
20185100%0%
2019450%50%
2020757%43%
2021683%17%
2022450%50%
20231346%54%
20241547%53%
20254661%37%
20264144%56%

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 Toyota

Inside bar · Gap up · Gap down · Stochastic bullish cross · Stochastic bearish cross · MACD bearish cross · Doji · EMA 9/21 bearish cross · EMA 9/21 bullish cross · MACD bullish cross · all of them

The spinning top elsewhere

Nikkei 225 · Sony · SoftBank · Sensex · Nifty 50 · Dow Jones · S&P 500 · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the spinning top work on Toyota?

In 154 cases on Toyota, price broke up 54% of the time, broke down 45% and stayed inside 1% within 12 candles.

What is the spinning top?

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