Instrument
Stat
Power Hour Breakout
During the last hour of the session (the power hour), how often does price make a new high of day, a new low of day, both, or neither relative to the range established earlier in the session?
Timeframe
During the last hour of the session (the power hour), how often does price make a new high of day, a new low of day, both, or neither relative to the range established earlier in the session?
| Condition | Outcome | Probability | Baseline | N | Edge |
|---|---|---|---|---|---|
| Power hour | Made a new high of day only | 26.735% | 22.225% | 4,324 | +4.51 pts |
| Power hour | Made a new low of day only | 17.623% | 22.340% | 4,324 | -4.72 pts |
| Power hour | Made a new high and a new low | 0.139% | 0.139% | 4,324 | +0.00 pts |
| Power hour | Stayed within the prior range | 55.504% | 55.296% | 4,324 | +0.21 pts |
Probabilities are observed frequencies over the selected period. The baseline is the same outcome's unconditional rate; edge is probability − baseline, in percentage points.
| Group | Condition | Outcome | Probability | Baseline | N | Edge |
|---|---|---|---|---|---|---|
| Monday | Power hour | Made a new high of day only | 26.568% | 21.402% | 813 | +5.17 pts |
| Monday | Power hour | Made a new low of day only | 16.113% | 21.402% | 813 | -5.29 pts |
| Monday | Power hour | Made a new high and a new low | 0.000% | 0.000% | 813 | +0.00 pts |
| Monday | Power hour | Stayed within the prior range | 57.319% | 57.196% | 813 | +0.12 pts |
| Tuesday | Power hour | Made a new high of day only | 25.810% | 22.235% | 895 | +3.58 pts |
| Tuesday | Power hour | Made a new low of day only | 16.872% | 20.559% | 895 | -3.69 pts |
| Tuesday | Power hour | Made a new high and a new low | 0.112% | 0.112% | 895 | +0.00 pts |
| Tuesday | Power hour | Stayed within the prior range | 57.207% | 57.095% | 895 | +0.11 pts |
| Wednesday | Power hour | Made a new high of day only | 27.590% | 24.212% | 888 | +3.38 pts |
| Wednesday | Power hour | Made a new low of day only | 19.820% | 23.423% | 888 | -3.60 pts |
| Wednesday | Power hour | Made a new high and a new low | 0.225% | 0.225% | 888 | +0.00 pts |
| Wednesday | Power hour | Stayed within the prior range | 52.365% | 52.140% | 888 | +0.23 pts |
| Thursday | Power hour | Made a new high of day only | 27.033% | 21.306% | 873 | +5.73 pts |
| Thursday | Power hour | Made a new low of day only | 19.015% | 24.742% | 873 | -5.73 pts |
| Thursday | Power hour | Made a new high and a new low | 0.115% | 0.115% | 873 | +0.00 pts |
| Thursday | Power hour | Stayed within the prior range | 53.837% | 53.837% | 873 | +0.00 pts |
| Friday | Power hour | Made a new high of day only | 26.667% | 23.626% | 855 | +3.04 pts |
| Friday | Power hour | Made a new low of day only | 16.140% | 19.532% | 855 | -3.39 pts |
| Friday | Power hour | Made a new high and a new low | 0.234% | 0.234% | 855 | +0.00 pts |
| Friday | Power hour | Stayed within the prior range | 56.959% | 56.608% | 855 | +0.35 pts |
| Group | Condition | Outcome | Probability | Baseline | N | Edge |
|---|---|---|---|---|---|---|
| Open in upper half | Power hour | Made a new high of day only | 44.092% | 23.672% | 2,522 | +20.42 pts |
| Open in upper half | Power hour | Made a new low of day only | 2.260% | 22.799% | 2,522 | -20.54 pts |
| Open in upper half | Power hour | Made a new high and a new low | 0.159% | 0.159% | 2,522 | +0.00 pts |
| Open in upper half | Power hour | Stayed within the prior range | 53.489% | 53.370% | 2,522 | +0.12 pts |
| Open in lower half | Power hour | Made a new high of day only | 2.442% | 20.699% | 1,802 | -18.26 pts |
| Open in lower half | Power hour | Made a new low of day only | 39.123% | 21.032% | 1,802 | +18.09 pts |
| Open in lower half | Power hour | Made a new high and a new low | 0.111% | 0.111% | 1,802 | +0.00 pts |
| Open in lower half | Power hour | Stayed within the prior range | 58.324% | 58.158% | 1,802 | +0.17 pts |