Piker Signal Trading Signal 3 Levels Below Oversold- Over 50% Chance There is a Rally

Piker Signal is now very oversold for its signal level, with a 17.58, which is 3.95 standard deviations below its oversold level.

What is the next market move?

This signal has happened a 39 times in the market since 2000. Besides COVID this signal has been accurate in predicting a reversal of the selling. If you were to buy at the close of the signal and sell either at a 7% stop loss, a 10% target or hold for 11 days. The average return was 4.65%, the total portfolio return was around 80%. The big losses came during COVID but these were the only losses of the system. If you hold it for 15 days, you get 75% winners and over 100% return.

If holding that long is to much if you held for two days you get 75% winners with a 2.43% return with 100% portfolio return. The average loser you have is -3.0%. If you hold on for 5 days you get the best odds with 81% winners with a 2.64% return average and a portfolio return of over 100%.

CLICK HERE TO SIGN UP FOR A DISCOUNT WHEN THE SIGNAL GOES PRIVATE

Below are the dates of each signal

8/15/2023Buy
6/13/2022Buy
9/20/2021Buy
7/19/2021Buy
6/18/2021Buy
10/28/2020Buy
9/23/2020Buy
3/9/2020Buy
2/28/2020Buy
2/27/2020Buy
2/26/2020Buy
2/25/2020Buy
2/24/2020Buy
1/31/2020Buy
10/2/2019Buy
8/5/2019Buy
5/31/2019Buy
5/13/2019Buy
12/24/2018Buy
12/21/2018Buy
10/11/2018Buy
10/10/2018Buy
3/23/2018Buy
2/8/2018Buy
2/5/2018Buy
8/25/2015Buy
8/24/2015Buy
8/1/2014Buy
1/27/2014Buy
4/10/2012Buy
3/16/2011Buy
10/9/2008Buy
10/7/2008Buy
3/5/2007Buy
3/11/2004Buy
7/23/2002Buy
7/22/2002Buy

Leave a Comment

Pikertrader LLC

Our Signals

Piker Report

Purchase Signals

Back Tested Data

FAQ

Contact

Piker Trader LLC

Follow US