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US stock market · candlestick pattern

Doji on Walmart

On Walmart the doji showed up 163 times. Within 12 candles price broke up 60% of the time, broke down 39% and stayed inside 1%.

Counted on Walmart: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily7856%41%3%
Hourly8562%38%0%

Walmart against the rest

ChartsFoundBroke upBroke downStayed inside
Walmart16360%39%1%
All US stock market charts4,52054%45%1%
Every market69,19749%49%3%

Year by year

YearFoundBroke upBroke down
20161040%60%
2017450%50%
2018667%17%
20191669%31%
2021650%33%
2022862%38%
2023967%33%
2024838%62%
20255163%37%
20264363%37%

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 doji is

Open and close are almost equal. Buyers and sellers are in a tie.

Picture a tug of war where both teams pull hard, but when the whistle blows the flag is right back in the middle. A doji candle is that tie: price moved up and down, but it closed almost exactly where it opened. Nobody won this round.

The full doji lesson, video and quiz ›

Other patterns on Walmart

Inside bar · Stochastic bearish cross · Stochastic bullish cross · MACD bearish cross · Spinning top · Volume profile bounce · RSI overbought drop · EMA 9/21 bearish cross · EMA 9/21 bullish cross · Gap down · all of them

The doji elsewhere

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

Questions

How often does the doji work on Walmart?

In 163 cases on Walmart, price broke up 60% of the time, broke down 39% and stayed inside 1% within 12 candles.

What is the doji?

Open and close are almost equal. Buyers and sellers are in a tie.