Price chart patterns statistics for the time period from 4/1/2020 to 3/31/2023
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 | 154 | ||||||||
WSE Indices | Ascending channel | 86 | ||||||||
WSE Indices | Ascending triangle | 51 | ||||||||
WSE Indices | Broadening (inverted) triangle | 56 | ||||||||
WSE Indices | Descending broadening triangle | 48 | ||||||||
WSE Indices | Descending broadening wedge | 143 | ||||||||
WSE Indices | Descending channel | 45 | ||||||||
WSE Indices | Descending triangle | 40 | ||||||||
WSE Indices | Double bottom | 358 | ||||||||
WSE Indices | Double top | 434 | ||||||||
WSE Indices | Downtrend line | 125 | ||||||||
WSE Indices | Falling wedge | 121 | ||||||||
WSE Indices | Flag | 39 | ||||||||
WSE Indices | Flat base | 95 | ||||||||
WSE Indices | Head & shoulders bottom | 37 | ||||||||
WSE Indices | Head & shoulders top | 95 | ||||||||
WSE Indices | Horizontal channel | |||||||||
WSE Indices | Pennant | 53 | ||||||||
WSE Indices | Resistance | 89 | ||||||||
WSE Indices | Rising wedge | 186 | ||||||||
WSE Indices | Support | 98 | ||||||||
WSE Indices | Three rising valleys | 95 | ||||||||
WSE Indices | Triangle | 79 | ||||||||
WSE Indices | Uptrend line | 259 | ||||||||
WSE Indices | Vertical run up | 303 | ||||||||
WSE Stocks | Ascending broadening triangle | 94 | ||||||||
WSE Stocks | Ascending broadening wedge | 269 | ||||||||
WSE Stocks | Ascending channel | 77 | ||||||||
WSE Stocks | Ascending triangle | 147 | ||||||||
WSE Stocks | Broadening (inverted) triangle | 134 | ||||||||
WSE Stocks | Descending broadening triangle | 102 | ||||||||
WSE Stocks | Descending broadening wedge | 388 | ||||||||
WSE Stocks | Descending channel | 148 | ||||||||
WSE Stocks | Descending triangle | 175 | ||||||||
WSE Stocks | Double bottom | 1774 | ||||||||
WSE Stocks | Double top | 996 | ||||||||
WSE Stocks | Downtrend line | 1072 | ||||||||
WSE Stocks | Falling wedge | 442 | ||||||||
WSE Stocks | Flag | 47 | ||||||||
WSE Stocks | Flat base | 268 | ||||||||
WSE Stocks | Head & shoulders bottom | 284 | ||||||||
WSE Stocks | Head & shoulders top | 214 | ||||||||
WSE Stocks | Horizontal channel | 13 | ||||||||
WSE Stocks | Pennant | 105 | ||||||||
WSE Stocks | Resistance | 335 | ||||||||
WSE Stocks | Rising wedge | 223 | ||||||||
WSE Stocks | Support | 404 | ||||||||
WSE Stocks | Three rising valleys | 843 | ||||||||
WSE Stocks | Triangle | 593 | ||||||||
WSE Stocks | Uptrend line | 928 | ||||||||
WSE Stocks | Vertical run up | 791 |