Scrips whose last bars closed a reversal candle against the short-term move. A description of a chart event, not a call.
As of 2026-11-06: 10 up reversals · 12 down reversals
| Symbol | Direction | Signal date | Bars ago | Signal close | 1.5 ATR line | 2R line | RSI | Last close | % since signal | Sector |
|---|---|---|---|---|---|---|---|---|---|---|
| MATRI | Up reversal | 2026-11-06 | 0 | 709.80 | 687.90 | 753.60 | 47.1 | 709.80 | 0.00% | Microfinance |
| MKCL | Up reversal | 2026-11-06 | 0 | 744.90 | 710.00 | 814.69 | 36.8 | 744.90 | 0.00% | Others |
| NLG | Up reversal | 2026-11-06 | 0 | 495.00 | 466.62 | 551.76 | 42.0 | 495.00 | 0.00% | Non Life Insurance |
| UMHL | Up reversal | 2026-11-06 | 0 | 557.00 | 533.57 | 603.86 | 48.3 | 557.00 | 0.00% | Hydro Power |
| JSLBB | Up reversal | 2026-11-05 | 1 | 913.00 | 865.67 | 1,007.67 | 43.6 | 923.40 | +1.14% | Microfinance |
| NICA | Down reversal | 2026-11-05 | 1 | 350.10 | 368.06 | 314.18 | 66.7 | 348.00 | -0.60% | Commercial Banks |
| GCIL | Down reversal | 2026-11-02 | 4 | 393.40 | 413.61 | 352.99 | 53.9 | 380.00 | -3.41% | Manufacturing And Processing |
| JBBL | Down reversal | 2026-11-02 | 4 | 361.40 | 374.65 | 334.89 | 62.6 | 354.50 | -1.91% | Development Banks |
| MLBL | Down reversal | 2026-11-02 | 4 | 378.90 | 391.51 | 353.69 | 60.6 | 373.00 | -1.56% | Development Banks |
| MNBBL | Down reversal | 2026-11-02 | 4 | 344.90 | 355.80 | 323.10 | 56.0 | 344.00 | -0.26% | Development Banks |
Past test Hypothetical
32%reached the 2R line · random 33% · 3,440 settled cases
No demonstrated edge, descriptive only: likely 31 to 34%
Before 20 Apr 2026 33% (3,164) · from then 21% (276)
Average move after 1.5% cost, by sessions held
This patternRandom
Live results Live
No cases yet, need 30 to judge
Past test Hypothetical
26%reached the 2R line · random 25% · 3,364 settled cases
No demonstrated edge, descriptive only: likely 25 to 28%
Before 20 Apr 2026 26% (3,296) · from then 25% (68)
Average price move, by sessions after the signal
This patternRandom
Live results Live
No cases yet, need 30 to judge
A signal is one closed daily bar on adjusted prices. An up reversal closes above its open, the candle before closed below its open, the close is past that candle's open, the body is larger than that candle's body and more than half of the bar's true range, RSI(14) is below 50, and the close is below the close 4 bars ago. A down reversal is the mirror.
Funds, debentures, promoter shares and the first year after a scrip's first candle are left out. The 1.5 ATR line is 1.5 times ATR(14) from the signal close, against the move; the 2R line is 3 times ATR(14) from it, with the move.
In our tests on NEPSE data, candle patterns pointed the wrong way. NEPSE has no short selling, so a down reversal is a reading for people who hold the scrip, not a trade. The record reads no demonstrated edge, descriptive only, until the past test shows a clear one.