Daily Signals – 8/6/24

Bullish Level 2

TypeTickerName% Move
StockBACBank of America Corporation-13.9%

Bullish Level 1

TypeTickerName% Move
StockCOINCoinbase Global, Inc.-20.8%
StockHPQHP Inc.-13.5%
StockSMAWFSiemens Aktiengesellschaft-12.3%
StockPARAParamount Global-10.3%
ETFUNGUnited States Natural Gas Fund-6.9%

Bearish Level 2

TypeTickerName% Move
No exhaustion signals

Bearish Level 1

TypeTickerName% Move
StockMIDDMiddleby Corporation10.7%
StockEFXEquifax7.3%
StockSBACSBA Communications7.2%
StockKDPKeurig Dr Pepper Inc.5.2%
StockAFLAflac Incorporated4.7%
StockHSYHershey’s3.8%
StockGISGeneral Mills, Inc.3.7%
ETFBWXSPDR Barclays International Treasury Bd3.6%
ETFIYKiShares Dow Jones US Consumer Goods2.1%
ETFVGITVanguard Intermediate-Term Government Bond1.9%
ETFIEIiShares 3-7 Year Treasury Bond1.7%
ETFGVIiShares Intm Government/Credit Bond1.3%
ETFBNDXVanguard Total Intl Bd Idx1.3% *
ETFBSVVanguard Short-Term Bond1.0%
ETFVTIPVanguard Shrt-Term Infl-Prot Sec Idx0.6%
ETFVCSHVanguard Short-Term Corporate Bond0.6%

Win Rate = the percentage of signals where price moves favorably within the next 5 bars. Tested on daily/weekly/monthly histories using up to 30/60/90 years of data (as available). The number in parentheses is the signal count (N).

Median % Move = the median of each signal’s best percent change within the 1–5 bar forward window. Each signal’s best outcome is identified independently, then the median is calculated across all signals. Median is shown because it’s more robust than an average when outliers exist. Note: this differs from the backtester dashboard, which shows the median at each individual candle offset (a fixed holding period).

An asterisk (*) indicates multi-timeframe continuity: the same-direction exhaustion signal appears on 2+ timeframes within the defined alignment window.

The content provided by ChartingCycles is for educational and informational purposes only and should not be construed as financial advice. We are not a registered investment advisor (RIA) or broker-dealer. Trading in financial markets involves a high degree of risk and you should not invest money you cannot afford to lose.

Hypothetical Performance Disclosure: Past performance is not indicative of future results. Some results presented may be based on simulated or hypothetical performance, which has inherent limitations and does not represent actual trading.