Utilities Sector Negative Price Gap Fill

Quant thesis: A gap down of more than 1.5% that fills (closes back above previous day's close) within 3 days often leads to short-term rallies. Gap fills signal short-term demand overcoming initial sell pressure in utilities.

Plain English: A gap down of more than 1.5% that fills (closes back above previous day's close) within 3 days often leads to short-term rallies. Gap fills signal short-term demand overcoming initial sell pressure in utilities.

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Type
alternative
Family
Political & Insider Filings
Status
Backtest Weak
Frequency
daily

Quant thesis

A gap down of more than 1.5% that fills (closes back above previous day's close) within 3 days often leads to short-term rallies. Gap fills signal short-term demand overcoming initial sell pressure in utilities.

Plain English description

A gap down of more than 1.5% that fills (closes back above previous day's close) within 3 days often leads to short-term rallies. Gap fills signal short-term demand overcoming initial sell pressure in utilities.

What you are looking at

A gap down of more than 1.5% that fills (closes back above previous day's close) within 3 days often leads to short-term rallies. Gap fills signal short-term demand overcoming initial sell pressure in utilities.

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Data sources

Known risks

Data source instability, false positives, and regime shifts.