PPL gap history: fill rates and follow-through

Read-onlyUSD

$32.72+0.12% (+$0.04)XNYS · the security, not a token

Where the tokens are

A gap is a session that opened 5% or more away from the previous close. It “fills” when the price trades back to that close. Since Mar 9, 2020, PPL has gapped 6 times; 2 gaps are still open.

Gaps up2median size 7.0%

Filled50%1 of 2 went back to the previous close

Time to fill27 sessionsmedian; half-filled in 1

20 sessions later+11.2%median change, over 2 gaps

Gaps down4median size 5.8%

Filled75%3 of 4 went back to the previous close

Time to fill19 sessionsmedian; half-filled in 7

20 sessions later+0.9%median change, over 4 gaps

Every gap

newest first

Opening gaps of 5% or more, newest first.
Date	Direction	Gap	Previous close	Status	Sessions to fill	20 sessions later
Apr 7, 2020	Up	7.8%	$23.92	Filled May 14, 2020	27	−5.8%
Mar 24, 2020	Up	6.2%	$18.59	Open	—	+28.2%
Mar 18, 2020	Down	5.8%	$25.55	Filled Mar 27, 2020	8	+5.1%
Mar 16, 2020	Down	8.8%	$27.42	Filled Apr 9, 2020	19	+6.1%
Mar 12, 2020	Down	5.5%	$29.25	Filled Jun 3, 2020	58	−3.4%
Mar 9, 2020	Down	5.7%	$31.51	Open	—	−19.5%

Sessions are trading days. The change twenty sessions later is measured from the gap day’s open and is blank for gaps too recent to have one.

Figures describe PPL shares, not any token. From split-adjusted daily bars. How this stock's gaps behaved in the past, not a prediction of how the next one will.

PPLPPL

Where the tokens are

Every gap