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Hammer Pattern Indicator

Hammer Description.

The hammer candlestick pattern is a famous bullish pattern which more often than not signals the start of an explosive move in trend reversal. You can find them at exact bottoms of a trend, or sometimes in a pull back in a newly forming trend. The pattern is showing that sentiment is strong in a new direction. The price opens and moves lower, which is sharply rejected and moves back towards it's open. A stronger pattern is when the price has momentum to move beyond the open price, however even if it does not have this strength, the hammer pattern is still seen as bullish.

Last patterns detected
Stock Date The date the latest pattern was detected for this stock. Price The closing price of this stock on the detected date. Signal The type of signal this pattern is suggesting. Bullish (buy) Bearish (sell). Determined by pattern type or previous price action. See pattern descriptions. Gain The maximum gain, in cents, which was possible during 20 days from detection, in the patterns suggested direction. Not including any drawdown or negative moves. Gain % The maximum gain, in percent, which was possible during 20 days from detection, in the patterns suggested direction. Not including any drawdown or negative moves. Current Price Success?
AAPL 08.21.2017 157.31 BULLISH 3.10 1.97% 160.15 IN PROGRESS
AXP 08.21.2017 85.35 BULLISH 0.14 0.16% 85.35 IN PROGRESS
CHRW 08.21.2017 66.9 BULLISH 0.28 0.42% 67.11 IN PROGRESS
CVX 08.21.2017 105.81 BULLISH 1.22 1.15% 106.79 IN PROGRESS
LIFE 08.21.2017 2.6 BULLISH 0.00 0.00% 2.55 IN PROGRESS
MAT 08.21.2017 16.435 BULLISH 0.00 -0.03% 16.07 IN PROGRESS
MRVL 08.21.2017 15.615 BULLISH 0.33 2.11% 15.92 IN PROGRESS
MXIM 08.21.2017 43.735 BULLISH 1.41 3.21% 44.94 IN PROGRESS
QCOM 08.21.2017 52.045 BULLISH 0.55 1.07% 52.38 IN PROGRESS
TRV 08.21.2017 127.46 BULLISH 0.70 0.55% 127.12 IN PROGRESS
UTX 08.21.2017 115.35 BULLISH 3.21 2.78% 117.02 IN PROGRESS
XLNX 08.21.2017 61.04 BULLISH 2.88 4.72% 63.92 IN PROGRESS
BIDU 08.18.2017 220.8 BULLISH 7.10 3.22% 224.71 IN PROGRESS
KO 08.18.2017 45.74 BULLISH 0.05 0.11% 45.605 IN PROGRESS
MRK 08.18.2017 61.55 BULLISH 1.03 1.67% 62.26 IN PROGRESS
STX 08.18.2017 31.46 BULLISH 0.91 2.89% 31.03 IN PROGRESS
T 08.18.2017 37.42 BULLISH 0.64 1.72% 37.935 IN PROGRESS
VZ 08.18.2017 47.74 BULLISH 0.90 1.89% 48.285 IN PROGRESS
HPQ 08.16.2017 18.965 BULLISH 0.12 0.63% 18.9 IN PROGRESS
ILMN 08.16.2017 194.06 BULLISH 1.41 0.73% 194.31 IN PROGRESS
HSIC 08.15.2017 168.12 BULLISH 4.92 2.93% 170.94 IN PROGRESS
INTU 08.15.2017 137.73 BULLISH 1.67 1.21% 135.82 IN PROGRESS
MCHP 08.15.2017 84.35 BULLISH 0.38 0.45% 83.09 IN PROGRESS
MSFT 08.15.2017 73.38 BULLISH 0.71 0.97% 72.89 IN PROGRESS
VOD 08.15.2017 29.05 BULLISH 0.01 0.03% 28.665 IN PROGRESS
VRSN 08.15.2017 98.68 BULLISH 2.40 2.43% 101.05 IN PROGRESS
XOM 08.15.2017 78.145 BULLISH -0.03 -0.04% 76.62 IN PROGRESS
XRAY 08.15.2017 53.71 BULLISH 0.32 0.60% 53.31 IN PROGRESS
EBAY 08.11.2017 35.04 BULLISH 0.43 1.23% 34.95 IN PROGRESS
DD 08.10.2017 80.78 BULLISH 2.61 3.23% 82.68 IN PROGRESS
Check your stocks for patterns!
Other Candle Patterns With Signals Today
Pattern Stock Date Signal
Marubozu ADBE 08.22.2017 BULLISH
Long Line Candle ADBE 08.22.2017 BULLISH
Closing Marubozu ADBE 08.22.2017 BULLISH
Belt-hold ADBE 08.22.2017 BULLISH
Belt-hold AMGN 08.22.2017 BULLISH
Three Inside Up/Down BIIB 08.22.2017 BULLISH
Belt-hold BIIB 08.22.2017 BULLISH
Morning Doji Star COST 08.22.2017 BULLISH
Morning Star COST 08.22.2017 BULLISH
Belt-hold COST 08.22.2017 BULLISH

More About This Pattern

As you can see in the example chart, this stock price was falling over a few days and a hammer candlestick pattern sharply reversed the trend with an extreme move upwards over the next few sessions.

This pattern can show a huge shift in sentiment in stocks whose trends are becoming weak.

Chart Example