Price chart patterns statistics for the time period from 4/1/2019 to 3/31/2022
NOTE:
- These statistics apply only to price patterns automatically detected by ATmatix for the Warsaw Stock Exchange market.
- Pattern statistics apply to historical data and there is no guarantee of achieving the same outcome in the future.
- Statistics are calculated separately for WSE indices/futures and WSE-listed stocks.
- Upward/downward breakout percentage ratios may not add up to 100% (due to numerical roundings or lack of breakouts within the expected time period).
- Pattern statistics are subject to change without notice after chart pattern detection algorithm improvements or any parameter modification.
- Statistical targets after a pattern breakout are calculated based on the historical average of post-breakout move ranges, which are not included in this table.
- The table below contains averaged values and excludes breakout volume, volume trend, (trendline) slope, yearly price range position or other pattern characteristics – that information is used additionally by our algorithms to calculate breakout targets; it is also shown in every pattern details.
Group | Pattern type | Count | % of upward breakouts | % of downward breakouts | Up brk. efficiency (percentage meeting price target) | Down brk. efficiency (percentage meeting price target) | Throwback rate | Pullback rate | Break even failure rate for upward brk. | Break even failure rate for downward brk. |
---|---|---|---|---|---|---|---|---|---|---|
WSE Indices | Ascending broadening triangle | 34 | ||||||||
WSE Indices | Ascending broadening wedge | 183 | ||||||||
WSE Indices | Ascending channel | 92 | ||||||||
WSE Indices | Ascending triangle | 55 | ||||||||
WSE Indices | Broadening (inverted) triangle | 60 | ||||||||
WSE Indices | Descending broadening triangle | 60 | ||||||||
WSE Indices | Descending broadening wedge | 147 | ||||||||
WSE Indices | Descending channel | 60 | ||||||||
WSE Indices | Descending triangle | 60 | ||||||||
WSE Indices | Double bottom | 249 | ||||||||
WSE Indices | Double top | 368 | ||||||||
WSE Indices | Downtrend line | 112 | ||||||||
WSE Indices | Falling wedge | 139 | ||||||||
WSE Indices | Flag | 39 | ||||||||
WSE Indices | Flat base | 109 | ||||||||
WSE Indices | Head & shoulders bottom | 40 | ||||||||
WSE Indices | Head & shoulders top | 93 | ||||||||
WSE Indices | Horizontal channel | 13 | ||||||||
WSE Indices | Pennant | 45 | ||||||||
WSE Indices | Resistance | 111 | ||||||||
WSE Indices | Rising wedge | 216 | ||||||||
WSE Indices | Support | 98 | ||||||||
WSE Indices | Three rising valleys | 86 | ||||||||
WSE Indices | Triangle | 78 | ||||||||
WSE Indices | Uptrend line | 260 | ||||||||
WSE Indices | Vertical run up | 253 | ||||||||
WSE Stocks | Ascending broadening triangle | 79 | ||||||||
WSE Stocks | Ascending broadening wedge | 263 | ||||||||
WSE Stocks | Ascending channel | 77 | ||||||||
WSE Stocks | Ascending triangle | 142 | ||||||||
WSE Stocks | Broadening (inverted) triangle | 130 | ||||||||
WSE Stocks | Descending broadening triangle | 106 | ||||||||
WSE Stocks | Descending broadening wedge | 385 | ||||||||
WSE Stocks | Descending channel | 132 | ||||||||
WSE Stocks | Descending triangle | 164 | ||||||||
WSE Stocks | Double bottom | 1727 | ||||||||
WSE Stocks | Double top | 985 | ||||||||
WSE Stocks | Downtrend line | 969 | ||||||||
WSE Stocks | Falling wedge | 401 | ||||||||
WSE Stocks | Flag | 34 | ||||||||
WSE Stocks | Flat base | 238 | ||||||||
WSE Stocks | Head & shoulders bottom | 254 | ||||||||
WSE Stocks | Head & shoulders top | 213 | ||||||||
WSE Stocks | Horizontal channel | |||||||||
WSE Stocks | Pennant | 101 | ||||||||
WSE Stocks | Resistance | 312 | ||||||||
WSE Stocks | Rising wedge | 234 | ||||||||
WSE Stocks | Support | 378 | ||||||||
WSE Stocks | Three rising valleys | 821 | ||||||||
WSE Stocks | Triangle | 589 | ||||||||
WSE Stocks | Uptrend line | 927 | ||||||||
WSE Stocks | Vertical run up | 919 |