Price chart patterns statistics for the time period from 10/1/2020 to 9/30/2023
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 | 39 | ||||||||
WSE Indices | Ascending broadening wedge | 174 | ||||||||
WSE Indices | Ascending channel | 96 | ||||||||
WSE Indices | Ascending triangle | 59 | ||||||||
WSE Indices | Broadening (inverted) triangle | 71 | ||||||||
WSE Indices | Descending broadening triangle | 55 | ||||||||
WSE Indices | Descending broadening wedge | 143 | ||||||||
WSE Indices | Descending channel | 49 | ||||||||
WSE Indices | Descending triangle | 44 | ||||||||
WSE Indices | Double bottom | 366 | ||||||||
WSE Indices | Double top | 425 | ||||||||
WSE Indices | Downtrend line | 122 | ||||||||
WSE Indices | Falling wedge | 118 | ||||||||
WSE Indices | Flag | 44 | ||||||||
WSE Indices | Flat base | 104 | ||||||||
WSE Indices | Head & shoulders bottom | 39 | ||||||||
WSE Indices | Head & shoulders top | 89 | ||||||||
WSE Indices | Horizontal channel | |||||||||
WSE Indices | Pennant | 63 | ||||||||
WSE Indices | Resistance | 97 | ||||||||
WSE Indices | Rising wedge | 196 | ||||||||
WSE Indices | Support | 92 | ||||||||
WSE Indices | Three rising valleys | 94 | ||||||||
WSE Indices | Triangle | 72 | ||||||||
WSE Indices | Uptrend line | 253 | ||||||||
WSE Indices | Vertical run up | 284 | ||||||||
WSE Stocks | Ascending broadening triangle | 99 | ||||||||
WSE Stocks | Ascending broadening wedge | 298 | ||||||||
WSE Stocks | Ascending channel | 88 | ||||||||
WSE Stocks | Ascending triangle | 161 | ||||||||
WSE Stocks | Broadening (inverted) triangle | 134 | ||||||||
WSE Stocks | Descending broadening triangle | 113 | ||||||||
WSE Stocks | Descending broadening wedge | 407 | ||||||||
WSE Stocks | Descending channel | 148 | ||||||||
WSE Stocks | Descending triangle | 187 | ||||||||
WSE Stocks | Double bottom | 1874 | ||||||||
WSE Stocks | Double top | 1012 | ||||||||
WSE Stocks | Downtrend line | 1123 | ||||||||
WSE Stocks | Falling wedge | 450 | ||||||||
WSE Stocks | Flag | 53 | ||||||||
WSE Stocks | Flat base | 285 | ||||||||
WSE Stocks | Head & shoulders bottom | 288 | ||||||||
WSE Stocks | Head & shoulders top | 213 | ||||||||
WSE Stocks | Horizontal channel | 13 | ||||||||
WSE Stocks | Pennant | 107 | ||||||||
WSE Stocks | Resistance | 374 | ||||||||
WSE Stocks | Rising wedge | 246 | ||||||||
WSE Stocks | Support | 423 | ||||||||
WSE Stocks | Three rising valleys | 860 | ||||||||
WSE Stocks | Triangle | 601 | ||||||||
WSE Stocks | Uptrend line | 928 | ||||||||
WSE Stocks | Vertical run up | 679 |