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Pendle · PENDLE/USDT · daily

What happens to Pendle after a breakout to a 90-day high?

Since 2023, Pendle has shown a breakout to a 90-day high 19 times. In the 19 cases old enough to score, the price was higher 7 days later 68% of the time, with a median move of +5.4%. On an ordinary day the median 7-day move for PENDLE is −0.3%.

Weak evidence44

There is a gap, but once you allow for how many studies were run, a gap this large is luck about 59% of the time, so it should not be relied on.

Cases since 202319last on 14 Sep 2026
Higher after 7 days68%ordinary: 49%
Median 7-day move+5.4%ordinary: −0.3%
Could be luck59%allowing for 3,572 studies
Worst / best case−21% / +35%over 7 days
Median path after the signalMiddle half of casesOrdinary PENDLE drift
−30%−20%−10%0%+10%+20%+30% -5dsignal+7d+14d+30d
Price change relative to the close on the signal day. Based on the 19 cases with a full 30 days of history after them.

By holding period

AfterCasesHigherMedian moveMiddle halfOrdinary medianGapBy luckProof score
1 day1947%−0.4%−3.9% to +4.0%−0.3%0.0%100%10
3 days1942%−0.7%−5.4% to +3.6%+0.3%−1.0%88%12
7 days1968%+5.4%−4.2% to +10.0%−0.3%+5.7%59%44
14 days1958%+8.3%−4.6% to +28.6%+1.7%+6.7%78%16
30 days1968%+14.4%−12.4% to +29.6%+4.8%+9.6%84%16

“Ordinary median” is the median move of PENDLE over the same number of days starting from any day. “Gap” is the signal's median minus the ordinary one. “By luck” is how often a gap at least that large comes from randomly chosen days, corrected for the 3,572 studies run at each holding period (for this study taken alone: 15%).

Holding it for 7 days

Typical dip on the way−9.3%ordinary PENDLE: −9.2%
1 case in 4 dipped past−16.3%before day 7
Fell 10% or more on the way47%ordinary: 47%
Typical best point+14.1%highest price within 7 days
Median after costs+5.1%ordinary: −0.6%
Ahead after costs68%ordinary: 48%

Dips and best points use each day's low and high, measured from the close on the signal day. Costs assume 0.3% for a round trip: a 0.1% exchange fee each way and 0.05% slippage each way.

Did it hold up over time?

Splitting the cases by date: in the earlier 11 the gap over 7 days was +7.8%, and in the later 8 it was +4.1%. Same direction both times.

Every occurrence

One square per occurrence, oldest first. Green: higher 7 days later. Red: lower. Grey: not yet 7 days old.

DateClose+1d+7d+30d
14 Sep 2026$2.37−4.3%+6.6%−13.4%
5 Sep 2026$2.02+4.4%+8.6%+21.5%
4 May 2026$1.89+4.3%+13.7%−28.8%
23 Aug 2025$6.10−3.3%−21.2%−19.9%
8 Aug 2025$5.43+4.4%−2.7%−14.6%
20 May 2025$4.39−0.4%+3.9%−11.4%
9 May 2025$3.86+6.0%+3.7%+5.3%
7 Nov 2024$5.45−3.5%−5.8%+23.5%
19 Oct 2024$4.86+3.7%−7.2%+12.0%
4 Apr 2024$6.25−4.6%+7.6%−18.6%
25 Mar 2024$4.00+0.8%+33.1%+57.0%
1 Mar 2024$3.46−1.4%−11.0%+58.8%

The 12 most recent. All 19 are in the open data file.

The rule

Close above the highest high of the previous 90 days. A close above three months of highs is a standard trend-following entry.

Occurrences closer than 7 days to the previous one are not counted again. The signal is confirmed at the daily close (00:00 UTC) and returns are measured from that close. Full method.

The same signal on other coins

CoinCasesHigher after 7dMedianGapVerdict
VeChain3465%+7.8%+8.7%Strong evidence · leans up
Cardano3266%+8.7%+9.5%Strong evidence · leans up
Solana2875%+10.2%+10.5%Strong evidence · leans up
Algorand2365%+11.4%+12.4%Strong evidence · leans up
Fetch.ai3269%+9.5%+10.7%Strong evidence · leans up
Theta Network2075%+15.2%+15.8%Strong evidence · leans up
Bitcoin Cash2627%−6.1%−5.9%Some evidence · leans down
Hedera2357%+9.0%+10.2%Some evidence · leans up

Breakout to a 90-day high across all 94 coins

Other Pendle signals

Full Pendle record

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