How Dogecoin reacted to Durable Goods Orders on 25 May 2022

The short answer

An ordinary reaction. In the 15 minutes after the figure came out, Dogecoin's price swung 1.51 times as much as in a normal 15 minutes that day. For a Durable Orders release, 1.49 times is usual. An hour later the price was 0.36% higher.

1.51x

Ordinary

Trading (volume ratio)
3.92x
usual for Durable Orders: 1.46x
Price at 8:30 AM
$0.082200
15 minutes later
+0.24%
One hour later
+0.36%
range 1.22%, hour before 0.73%
DOGE/USDT, 1 minute candles around the release, 8:30 AM America/New York

The dashed orange line is the release. Chart data from Binance.

Open
0.083400
Close
0.083500
24h change
0.12%
24h high
0.084500
24h low
0.082100
24h volume
418.732M DOGE

The release

Released by the Bureau of Census on 25 May 2022 at 8:30 AM EDT. Durable Goods Orders came in at 0.6% for April 2022, against 0.2% in March 2022. Durable goods orders are rising faster than before.

It arrived at the same moment as Durable Goods Orders Excluding Transportation, so the reaction measured on this page belongs to all of them together.

How Dogecoin moved

Dogecoin was at $0.082200 when the figure came out. Fifteen minutes later it was 0.24% higher, and an hour later 0.36% higher. Its high-to-low range in the hour after was 1.22% of its price, against 0.73% in the hour before.

Measured by Clometrix

Dogecoin's volatility ratio was 1.51x, against 1.49x for a typical Durable Orders release since 2021. Its volume ratio was 3.92x, against a typical 1.46x. That is about what this release usually does. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.

What made it matter

Since 2021, Durable Orders releases in the two weeks before a Fed decision have moved Dogecoin about as much as those at other times: a median volatility ratio of 1.53x across 20, against 1.46x across 49. This one was not within two weeks of a Fed decision. Its own ratio of 1.51x compares with 1.46x for those, about what its circumstances would suggest.

Its record

Across 69 Durable Orders releases since 2021, Dogecoin's median volatility ratio is 1.49x.

How it compares

Across 69 Durable Orders releases since 2021, Dogecoin's usual price swing is 1.49x. This one was 1.01 times the usual.

MutedOrdinaryStrongExceptional

Thin line: Durable Orders's usual, 1.49x. Thick line: this release, 1.51x.

Minute by minute

Each row is the time after the release, with the same length of time before it for comparison.

After High Low Close Change Range Range before Volume
1 minute 0.0824 0.0822 0.0824 0.24% 0.24% 0.12% 1.014M DOGE
5 minutes 0.0825 0.0822 0.0824 0.24% 0.36% 0.36% 2.72M DOGE
10 minutes 0.0828 0.0822 0.0825 0.36% 0.72% 0.48% 10.113M DOGE
15 minutes 0.0828 0.0822 0.0824 0.24% 0.72% 0.60% 13.602M DOGE
30 minutes 0.0828 0.0822 0.0827 0.60% 0.72% 0.60% 15.086M DOGE
1 hour 0.0832 0.0822 0.0825 0.36% 1.20% 0.73% 21.333M DOGE
2 hours 0.0836 0.0822 0.0834 1.44% 1.67% 1.44% 59.567M DOGE
4 hours 0.0836 0.0822 0.0827 0.60% 1.67% 1.68% 114.325M DOGE
6 hours 0.0837 0.0822 0.0833 1.32% 1.79% 1.68% 167.057M DOGE
8 hours 0.0836 0.0821 0.0827 -0.24% 1.79% 2.84% 181.343M DOGE
12 hours 0.0838 0.0822 0.0835 1.56% 1.91% 2.84% 247.96M DOGE

Every coin at this release

Coin Price swing Usual for Durable Orders Reaction
Bitcoin 1.90x 1.44x Strong
Ethereum 1.94x 1.38x Strong
XRP 1.34x 1.13x Quiet
BNB 1.30x 1.28x Quiet
Solana 1.28x 1.32x Quiet
Dogecoin 1.51x 1.49x Ordinary
TRON 2.15x 1.33x Strong
Cardano 1.30x 1.33x Quiet
Chainlink 1.43x 1.48x Quiet
Bitcoin Cash 1.08x 1.31x Quiet
Hedera 1.30x 1.32x Quiet
Avalanche 1.38x 1.44x Quiet
Litecoin 1.52x 1.34x Ordinary
Shiba Inu 1.17x 1.30x Quiet
Uniswap 1.25x 1.26x Quiet
Polkadot 1.29x 1.27x Quiet
Aave 0.88x 1.37x Quiet
NEAR Protocol 1.41x 1.29x Quiet
Internet Computer 1.19x 1.11x Quiet
POL (prev. MATIC) 1.23x 1.29x Quiet
Filecoin 1.51x 1.34x Ordinary

What is Durable Goods Orders?

The U.S. Census Bureau publishes the Durable Goods Orders report every month. Durable goods orders reflect new orders placed with domestic manufacturers for delivery of long-lasting manufactured goods (durable goods) in the near term or future. The change in the total value of new orders is measured and shared with the public in two releases per month: the advance report on durable goods and the manufacturers' shipments, inventories, and orders.

Every Durable Orders release for Dogecoin

Questions about this page

Is 1.51x a lot?

For a Durable Orders release it is ordinary: the usual is 1.49x. Each report has its own usual size, and its releases show it.

Will the next Durable Orders do the same?

Nobody can say. A forecast shows the range Dogecoin moved in after past Durable Orders releases, so you can plan for the likely size of the move.

More questions · Glossary

Disclaimer

The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.