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Mean reversion · UBER · 1D

Does Bollinger snapback actually work on UBER? We tested it

We ran Bollinger snapback on UBER through walk-forward testing and a 100-run random-entry gauntlet. 3 of 4 unseen periods positive. Beat 75 of 100 random-entry runs.

WALK-FORWARD VERIFIED EDGESTACKER ENGINE
Return +92.4%
Win rate 70.6%
Max drawdown −56.5%
Trades 34
Sharpe 0.54
Equity curve

Equity curve over May 2019 to Jul 2026. Hover any point for its value. Turn on buy and hold to compare.

PeriodWindowReturnSharpeTrades
1 Oct 2020 to Mar 2022 +29.9% 0.89 9
2 Mar 2022 to Aug 2023 −2.4% 0.04 4
3 Aug 2023 to Feb 2025 +17.5% 0.78 7
4 Feb 2025 to Jul 2026 +39.8% 1.72 8
3 of 4 periods positive. Mean Sharpe 0.86. Worst period −2.4%.
Market matrix
Edge held on 5 of 28

The same rules, tested on 28 tickers. Edge held on 5. We ship it on those.

UBER SHIPPED
75/100 EDGE
MSFT
99/100 EDGE
AMZN
83/100 EDGE
AVGO
81/100 EDGE
SMCI
81/100 EDGE
Show every ticker we tested
JPM
71/100 NONE
SPY
70/100 NONE
MARA
62/100 NONE
GLD
59/100 NONE
MU
58/100 NONE
MSTR
57/100 NONE
NFLX
56/100 NONE
PLTR
54/100 NONE
GOOGL
49/100 NONE
DIA
47/100 NONE
AMD
45/100 NONE
NVDA
43/100 NONE
IWM
42/100 NONE
QQQ
37/100 NONE
COIN
37/100 NONE
META
34/100 NONE
SOFI
32/100 NONE
XOM
31/100 NONE
RIOT
27/100 NONE
TSLA
21/100 NONE
BA
21/100 NONE
AAPL
9/100 NONE
HOOD
too new TOO NEW
The rules
Entrywhen close crosses below BBANDS lower band of close over 20 bars
Exitwhen a signal fires (close crosses above BBANDS middle band of close over 20 bars)
Sizing**Position size:** no fixed stop distance to size against. This strategy exits on signal only. Size by conviction, or add a hard stop for a size-by-risk number.
Diagnosis

This strategy made money overall, returning 92.44% on UBER, but the ride was extremely lumpy. The worst moment came during a sharp two-week stretch in March 2020 where the drawdown hit -56.55%, meaning the account nearly got cut in half. Despite a high win rate of 70.59%, that single brutal period shows the strategy can suffer deep, fast losses when the market gaps down hard. The result is not driven by just a few lucky trades, since the average trade returned a modest 2.27% across 34 trades. The entry-timing edge is solid, beating 75% of random entries, so the entry itself is doing meaningful work, but the exits are also contributing since the strategy relies on a snapback to the middle band rather than a fixed target.

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