Range expansion up
A day twice the stock's normal size, resolved in the buyers' favour.
The opposite bookend to the narrow-range scans. This is the loud day the quiet ones lead to. A true range twice the ATR means the session broke somebody's hand: stops run, a level given up, news absorbed. The positive close says which side absorbed it. Expansion days set the tone for the sessions that follow more often than chance allows. Read the guide: Bollinger band squeeze screener for NSE →
More volatility:Bollinger squeezeWide-range moversGap up and holdGap down and failUp 15% in a month
Price and delivery data from the eod2 dataset: National Stock Exchange of India end-of-day files, split- and bonus-adjusted, updated after each close. Not affiliated with or endorsed by NSE. PatternsRadar is a research tool. Nothing here is investment advice or a recommendation to buy or sell anything.