A breakout from a day fully contained within the prior day's range (compression).
An inside day (high and low inside the previous day's range) is a volatility contraction. A break above the inside day's high aims to catch the expansion. Common in tight, coiling names before a move.
We are measuring this pattern on survivorship-free data (delisted names included). Numbers appear here once the study completes.
Win% = share of occurrences with a positive forward return. Avg win / avg loss show the reward-to-risk, which matters as much as the hit rate — a high win rate with a bad reward/risk still loses.
Full data reportEvery setup & factor base rate — the complete measured tables, survivorship-free →