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US stock market · candlestick pattern

Spinning top on Walmart

On Walmart the spinning top showed up 170 times. Within 12 candles price broke up 56% of the time, broke down 42% and stayed inside 1%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily8261%39%0%
Hourly8852%45%2%

Walmart against the rest

ChartsFoundBroke upBroke downStayed inside
Walmart17056%42%1%
All US stock market charts5,80352%47%1%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
2016540%60%
2017633%67%
2018786%14%
20191155%45%
2020875%25%
2021875%25%
2022650%50%
2023956%44%
20242357%43%
20253658%42%
20265151%45%

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 Walmart

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

The spinning top 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 spinning top work on Walmart?

In 170 cases on Walmart, price broke up 56% of the time, broke down 42% and stayed inside 1% within 12 candles.

What is the spinning top?

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