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US stock market · indicator signal

Volume profile bounce on Walmart

On Walmart the volume profile bounce showed up 150 times. The target came first 45% of the time, the stop 55%, and 0% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily7152%48%0%
Hourly7938%62%0%

Walmart against the rest

ChartsFoundTarget firstStop firstWent nowhere
Walmart15045%55%0%
All US stock market charts3,59841%56%3%
Every market61,33036%58%6%

Year by year

YearFoundTarget firstStop first
2016714%86%
2017333%67%
2018540%60%
20191182%18%
2020633%67%
2021560%40%
2022850%50%
2023450%50%
2024367%33%
20255838%62%
20264048%52%

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 bounce is

Price fell back to the price where the most trading happened, and bounced.

Imagine a market stall where most shoppers agreed on a fair price all week. When the price drops back to that fair price, shoppers who know it is a good deal rush in, and the price climbs again. The point of control is the price where the most trading happened, and a volume profile bounce is when price falls back to or near it and bounces up.

The full volume profile bounce lesson, video and quiz ›

Other patterns on Walmart

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

The volume profile bounce elsewhere

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

Questions

How often does the volume profile bounce work on Walmart?

In 150 cases on Walmart, the target (1.5 × ATR) came before the stop (1 × ATR) 45% of the time and the stop came first 55%; 0% went nowhere within 12 candles.

What is the volume profile bounce?

Price fell back to the price where the most trading happened, and bounced.