Mean reversion · daily rule · Software & devices
Bollinger Reversion on SuperX AI Technology
What the play says
SUPX with the play, last two years
Shading shows the play's call from the close that triggered it.
Growth of $10,000 since 2024
Log scale. After trading costs, with T-bill interest while out.
The record
The play against buying and holding SUPX over exactly the same dates, after costs.
| Play, since 2024 | Hold, since 2024 | Play, 5 yrs | Hold, 5 yrs | |
|---|---|---|---|---|
| Annual return | −35.2% | +24.2% | −35.2% | +24.2% |
| Total return | −65% | +68% | −65% | +68% |
| Worst drawdown | −79.6% | −92.3% | −79.6% | −92.3% |
| Volatility | 59.7% | 123.5% | 59.7% | 123.5% |
| Sharpe ratio | −0.50 | 0.74 | −0.50 | 0.74 |
| Time invested | 24% | 100% | ||
| Switches per year | 5.8 | 0 |
Every call, graded
Right on 8 of 14 closed calls (57%). In calls averaged −8.9%; out calls saw SUPX move +62.4% on average.
| Called | Call | Price | Until | SUPX moved | Result |
|---|---|---|---|---|---|
| Aug 4, 2026 | OUT | $7.20 | now | −3.1% | open |
| Jul 13, 2026 | IN | $7.10 | Aug 4, 2026 | +1.4% | ✓ right |
| Apr 15, 2026 | OUT | $9.31 | Jul 13, 2026 | −23.7% | ✓ right |
| Mar 2, 2026 | IN | $10.89 | Apr 15, 2026 | −14.5% | ✕ wrong |
| Jan 27, 2026 | OUT | $16.59 | Mar 2, 2026 | −34.4% | ✓ right |
| Nov 4, 2025 | IN | $50.05 | Jan 27, 2026 | −66.9% | ✕ wrong |
| May 29, 2025 | OUT | $10.80 | Nov 4, 2025 | +363.4% | ✕ wrong |
| May 23, 2025 | IN | $9.71 | May 29, 2025 | +11.3% | ✓ right |
| Jan 16, 2025 | OUT | $3.91 | May 23, 2025 | +148.3% | ✕ wrong |
| Nov 26, 2024 | IN | $4.68 | Jan 16, 2025 | −16.5% | ✕ wrong |
| Oct 7, 2024 | OUT | $5.14 | Nov 26, 2024 | −8.9% | ✓ right |
| Sep 25, 2024 | IN | $4.36 | Oct 7, 2024 | +17.9% | ✓ right |
An in call is right when the price rose before the next call; an out call is right when it fell. The latest 12 of 15 calls shown.
How the play works
- In on a close below the lower band (20-day average − 2 standard deviations).
- Out on a close above the 20-day average.
This runs against Bollinger's advice that tags of the bands are not signals. It is shown because so many traders use it.
The case against
Valeriy Zakamulin tested moving-average timing on up to 155 years of U.S. stock data and found no statistically significant edge in the second half of that record. The rules earned their keep in a few severe bear markets and lagged buy and hold for long stretches in between.