Price chart patterns statistics for the time period from 1/1/2020 to 12/31/2022
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 | 22 | ||||||||
WSE Indices | Ascending broadening wedge | 155 | ||||||||
WSE Indices | Ascending channel | 76 | ||||||||
WSE Indices | Ascending triangle | 42 | ||||||||
WSE Indices | Broadening (inverted) triangle | 53 | ||||||||
WSE Indices | Descending broadening triangle | 49 | ||||||||
WSE Indices | Descending broadening wedge | 129 | ||||||||
WSE Indices | Descending channel | 43 | ||||||||
WSE Indices | Descending triangle | 39 | ||||||||
WSE Indices | Double bottom | 322 | ||||||||
WSE Indices | Double top | 357 | ||||||||
WSE Indices | Downtrend line | 107 | ||||||||
WSE Indices | Falling wedge | 103 | ||||||||
WSE Indices | Flag | 33 | ||||||||
WSE Indices | Flat base | 83 | ||||||||
WSE Indices | Head & shoulders bottom | 36 | ||||||||
WSE Indices | Head & shoulders top | 83 | ||||||||
WSE Indices | Horizontal channel | |||||||||
WSE Indices | Pennant | 37 | ||||||||
WSE Indices | Resistance | 84 | ||||||||
WSE Indices | Rising wedge | 180 | ||||||||
WSE Indices | Support | 87 | ||||||||
WSE Indices | Three rising valleys | 78 | ||||||||
WSE Indices | Triangle | 61 | ||||||||
WSE Indices | Uptrend line | 235 | ||||||||
WSE Indices | Vertical run up | 282 | ||||||||
WSE Stocks | Ascending broadening triangle | 79 | ||||||||
WSE Stocks | Ascending broadening wedge | 242 | ||||||||
WSE Stocks | Ascending channel | 70 | ||||||||
WSE Stocks | Ascending triangle | 131 | ||||||||
WSE Stocks | Broadening (inverted) triangle | 117 | ||||||||
WSE Stocks | Descending broadening triangle | 92 | ||||||||
WSE Stocks | Descending broadening wedge | 364 | ||||||||
WSE Stocks | Descending channel | 135 | ||||||||
WSE Stocks | Descending triangle | 151 | ||||||||
WSE Stocks | Double bottom | 1653 | ||||||||
WSE Stocks | Double top | 947 | ||||||||
WSE Stocks | Downtrend line | 964 | ||||||||
WSE Stocks | Falling wedge | 393 | ||||||||
WSE Stocks | Flag | 39 | ||||||||
WSE Stocks | Flat base | 220 | ||||||||
WSE Stocks | Head & shoulders bottom | 238 | ||||||||
WSE Stocks | Head & shoulders top | 209 | ||||||||
WSE Stocks | Horizontal channel | 10 | ||||||||
WSE Stocks | Pennant | 86 | ||||||||
WSE Stocks | Resistance | 285 | ||||||||
WSE Stocks | Rising wedge | 211 | ||||||||
WSE Stocks | Support | 350 | ||||||||
WSE Stocks | Three rising valleys | 776 | ||||||||
WSE Stocks | Triangle | 540 | ||||||||
WSE Stocks | Uptrend line | 846 | ||||||||
WSE Stocks | Vertical run up | 857 |