Technical
What is Consecutive Red / Green Days (3+)?
Three or more sessions closing lower (red) or higher (green) in an unbroken run β one side winning every close for several straight days.
Formula
Signal fires when: 3+ consecutive closes in the same direction
How to Interpret
Streaks cut both ways: three green days in an uptrend is healthy persistence, while extended streaks (five-plus) increasingly attract mean-reversion β the longer the run, the higher the odds of at least a pause. Streaks off a low often mark character change.
Typical Ranges
Counts closes only β three barely-red days signal far less than three heavy ones; pair with magnitude and volume. Streak statistics differ meaningfully across asset classes.
Find Stocks Using This Signal
Screen US and Indian stocks by Consecutive Red / Green Days in the Technical Screener.