About this document
DJIA Open Price Gap Analysis by leosac6 is a document available to read on EtoBox.
The document discusses a case study analyzing how open price gaps on DJIA index stocks are filled during intraday trading sessions. It analyzed over 3,000 open price gaps over a two-year period for 30 DJIA stocks. The findings show that upward open price gaps tend to close more quickly than downward gaps, with 50% of upward gaps closing within 22 minutes of market open, while 50% of downward gaps take 98 minutes to close. By market close, 81.5% of upward gaps are closed compared to 60.2% of downward gaps. T
- Author
- leosac6
- Language
- EN