US stock market · price-structure setup
Gap down on Walmart
On Walmart the gap down showed up 118 times. The target came first 31% of the time, the stop 61%, and 8% went nowhere within 12 candles.
Counted on Walmart: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 47 | 32% | 57% | 11% |
| Hourly | 71 | 31% | 63% | 6% |
Walmart against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Walmart | 118 | 31% | 61% | 8% |
| All US stock market charts | 4,695 | 36% | 61% | 3% |
| Every market | 10,856 | 36% | 61% | 4% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 7 | 43% | 57% |
| 2017 | 3 | 0% | 67% |
| 2018 | 4 | 25% | 75% |
| 2020 | 5 | 20% | 40% |
| 2021 | 4 | 25% | 75% |
| 2022 | 5 | 20% | 60% |
| 2023 | 3 | 33% | 33% |
| 2024 | 6 | 0% | 100% |
| 2025 | 34 | 35% | 62% |
| 2026 | 45 | 36% | 58% |
The last 8 times
- 9 Oct 2026, 09:30 ET · hourly · stop first after 2 candles
- 29 Sep 2026, 09:30 ET · hourly · stop first after 5 candles
- 25 Sep 2026, 09:30 ET · hourly · stop first after 6 candles
- 21 Sep 2026, 09:30 ET · hourly · stop first after 7 candles
- 27 Aug 2026, 09:30 ET · hourly · stop first after 7 candles
- 20 Aug 2026, 09:30 ET · hourly · went nowhere
- 20 Aug 2026 · daily · stop first after 10 candles
- 17 Aug 2026, 09:30 ET · hourly · stop first after 7 candles
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 gap down is
Price opened below the previous candle's low. It jumped down between the two candles.
Imagine a shop that shuts at night. While it is closed, bad news spreads about a toy, so when the shop opens, the very first price is already below anything paid the day before. On a chart, a candle that starts below the bottom of the candle before it is called a gap down.
The full gap down lesson, video and quiz ›
Other patterns on Walmart
Inside bar · Stochastic bearish cross · Stochastic bullish cross · MACD bearish cross · Spinning top · Doji · Volume profile bounce · RSI overbought drop · EMA 9/21 bearish cross · EMA 9/21 bullish cross · all of them
The gap down elsewhere
Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Sensex · Nifty 50 · Nikkei 225 · Sony
Questions
How often does the gap down work on Walmart?
In 118 cases on Walmart, the target (1.5 × ATR) came before the stop (1 × ATR) 31% of the time and the stop came first 61%; 8% went nowhere within 12 candles.
What is the gap down?
Price opened below the previous candle's low. It jumped down between the two candles.