Oct 13 close Sign in

Candles & chart patterns · daily rule · Financials

Engulfing Switch on Trisura Group

What the play says

In since Aug 21, 2026at C$40.91TSU since then +1.0%

Latest reading: Pattern 0.00

Next move

Stays in unless a daily close lands below C$40.76.

C$40.76
−1.3% from the Oct 13 close of C$41.30

Next check: the Oct 14, 2026 close

See every reason, for and against, in the Theory tester

TSU with the play, last two years

TSUPlay inPlay out

Shading shows the play's call from the close that triggered it.

Engulfing patterns (+1 bullish, −1 bearish)

Pattern

Dashed line at 0.

Growth of C$10,000 since 2017

Engulfing SwitchBuy & hold

Log scale. After trading costs, with T-bill interest while out.

The record

The play against buying and holding TSU over exactly the same dates, after costs.

Play, since 2017Hold, since 2017Play, 5 yrsHold, 5 yrs
Annual return+7.3%+22.1%+4.7%−0.4%
Total return+88%+497%+26%−2%
Worst drawdown−31.4%−40.1%−31.4%−39.3%
Volatility19.8%33.4%21.9%32.5%
Sharpe ratio0.320.690.150.03
Time invested46%100%
Switches per year6.40

Every call, graded

Right on 28 of 57 closed calls (49%). In calls averaged +2.4%; out calls saw TSU move +6.1% on average.

CalledCallPriceUntilTSU movedResult
Aug 21, 2026INC$40.91now+1.0%open
May 27, 2026OUTC$40.65Aug 21, 2026+0.6%✕ wrong
Apr 29, 2026INC$44.58May 27, 2026−8.8%✕ wrong
Apr 24, 2026OUTC$45.41Apr 29, 2026−1.8%✓ right
Mar 16, 2026INC$44.50Apr 24, 2026+2.0%✓ right
Jan 7, 2026OUTC$44.53Mar 16, 2026−0.1%✓ right
Dec 10, 2025INC$40.06Jan 7, 2026+11.2%✓ right
Dec 3, 2025OUTC$39.96Dec 10, 2025+0.3%✕ wrong
Nov 25, 2025INC$39.95Dec 3, 2025+0.0%✓ right
Oct 27, 2025OUTC$38.66Nov 25, 2025+3.3%✕ wrong
Oct 14, 2025INC$38.29Oct 27, 2025+1.0%✓ right
Oct 9, 2025OUTC$38.03Oct 14, 2025+0.7%✕ wrong

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 58 calls shown.

How the play works

  1. Bullish engulfing: after a decline, a down day (close below open) is followed by an up day that opens at or below the prior close and closes at or above the prior open.
  2. Bearish engulfing: after a rise, an up day is followed by a down day that opens at or above the prior close and closes at or below the prior open.
  3. In at the close of a bullish engulfing day. Out at the close of a bearish engulfing day. Otherwise the rule keeps its last call.

A decline (or rise) means the prior close is below (or above) the close 5 sessions before it. Nison and Bulkowski require a prior trend but give no number.

Nison weighs support, resistance and confirmation, which a mechanical rule cannot judge. No confirmation day is required here.

Shadows are ignored, as both Nison and Bulkowski allow. One edge of the new body may equal the old body's edge, as in the TA-Lib pattern library, but not both.

Crypto trades around the clock, so a coin's daily open is just the prior close. For coins the open is taken as the prior close, and the pattern becomes a close beyond the prior day's open.

Where the rules come from

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.

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