Can you confirm this daily pattern for NKE stock?

Discussion in 'Technical Analysis' started by Poleu, Nov 23, 2021.

  1. Poleu

    Poleu

    I found the pattern described below. I would like to know if anybody else can see it. It is visible in the NYSE historical data (January 2019 - September 2021) for NKE (Nike). In over 63% of cases, HighTradePrice achieved between 15:36:00 and 15:41:59 increases by at least a factor of 0.00095682334649 compared to HighTradePrice achieved between 15:06:00 and 15:11:59 on the same day. HighTradePrice is defined as "Price of the highest trade".
     
  2. SunTrader

    SunTrader

    63% or a little less than 2 out every 3 times. Is that good enough to trade off of by itself? I don't think so, without other considerations.

    BTW yesterday it made its HOD 9:55am, Friday was 11:47am and unless things change around today HOD was made on opening bar 9:31AM

    So 0 for 3 lately.
     
  3. Poleu

    Poleu

    Thanks
     
  4. JWhite001

    JWhite001

    Hi there, you can recheck it again on the actual site. Thank you.
     
  5. Poleu

    Poleu

    I don't know which site you mean. Can you give me the link?