TD gap history: fill rates and follow-through

Read-onlyUSD

$117.88+0.23% (+$0.27)XNYS · the security, not a token

Where the tokens are

TD gap history: fill rates and follow-through — Tokenzo

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, TD has gapped 7 times; 2 gaps are still open.

Gaps up3median size 6.0%

Filled67%2 of 3 went back to the previous close

Time to fill2.5 sessionsmedian; half-filled in 1

20 sessions later+6.4%median change, over 3 gaps

Gaps down4median size 8.0%

Filled75%3 of 4 went back to the previous close

Time to fill6 sessionsmedian; half-filled in 2.5

20 sessions later+4.7%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
Mar 24, 2020	Up	6.5%	$33.83	Open	—	+7.3%
Mar 18, 2020	Down	5.4%	$40.56	Filled Mar 25, 2020	6	+0.8%
Mar 16, 2020	Down	14.0%	$43.42	Filled Mar 25, 2020	8	+13.1%
Mar 13, 2020	Up	5.9%	$37.41	Filled Mar 16, 2020	2	+6.4%
Mar 12, 2020	Down	5.9%	$42.12	Filled Mar 13, 2020	2	+8.7%
Mar 10, 2020	Up	6.0%	$41.99	Filled Mar 12, 2020	3	−3.9%
Mar 9, 2020	Down	10.1%	$48.78	Open	—	−4.9%

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 The Toronto-Dominion Bank 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.

TDThe Toronto-Dominion Bank

Where the tokens are

Every gap