Table 3. Composition of uninterrupted trends observed in the Nasdaq data sample.
Duration (days) | 2389 Uptrends | 2390 Downtrends | 4779 Total |
---|---|---|---|
1 | 977 | 1240 | 2217 |
2 | 532 | 586 | 1118 |
3 | 384 | 300 | 684 |
4 | 209 | 128 | 337 |
5 | 120 | 71 | 191 |
6 | 58 | 36 | 94 |
7 | 45 | 13 | 58 |
8 | 29 | 10 | 39 |
9 | 10 | 4 | 14 |
10 | 9 | 1 | 10 |
11 | 7 | 0 | 7 |
12 | 5 | 0 | 5 |
13 | 1 | 0 | 1 |
14 | 1 | 0 | 1 |
15 | 0 | 0 | 0 |
16 | 0 | 1 | 1 |
17 | 0 | 0 | 0 |
18 | 1 | 0 | 1 |
19 | 1 | 0 | 1 |