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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?
BBBY 09.18.2018 18.595 BULLISH 0.70 3.74% 12.25 YES
FLEX 09.18.2018 13.01 BULLISH 0.48 3.69% 8.185 YES
INFY 09.18.2018 10.145 BULLISH 0.37 3.60% 9.555 YES
NIHD 09.18.2018 4.74 BULLISH 1.26 26.58% 4.58 YES
SBUX 09.17.2018 54.52 BULLISH 4.25 7.80% 65.5 YES
HD 09.14.2018 209.23 BULLISH 3.36 1.61% 171.69 YES
NWSA 09.14.2018 12.435 BULLISH 1.07 8.64% 12.53 YES
ROST 09.14.2018 96.85 BULLISH 3.07 3.17% 79.96 YES
SHLD 09.13.2018 1.285 BULLISH 0.09 7.39% 0.355 YES
ADSK 09.12.2018 150.79 BULLISH 5.76 3.82% 134.84 YES
AMAT 09.12.2018 38.36 BULLISH 1.58 4.12% 34.08 YES
INTC 09.12.2018 44.89 BULLISH 4.41 9.84% 47.22 YES
KLAC 09.12.2018 102.82 BULLISH 3.07 2.99% 92.36 YES
MU 09.12.2018 41.725 BULLISH 5.20 12.47% 34.89 YES
MXIM 09.12.2018 57.43 BULLISH 2.53 4.41% 53.26 YES
QCOM 09.12.2018 71.93 BULLISH 3.92 5.45% 57.3 YES
URBN 09.12.2018 44.31 BULLISH 0.31 0.70% 37.65 YES
VRTX 09.12.2018 178.49 BULLISH 16.14 9.04% 173.695 YES
ESRX 09.11.2018 89.67 BULLISH 6.94 7.74% 96.13 YES
LIFE 09.11.2018 0.7399 BULLISH 0.13 17.60% 0.5622 YES
MCHP 09.11.2018 83.27 BULLISH 1.88 2.26% 71.73 YES
STX 09.11.2018 48.93 BULLISH 1.38 2.82% 39.805 YES
DLTR 09.07.2018 82.01 BULLISH 4.38 5.34% 83.77 YES
GE 09.07.2018 12.425 BULLISH 1.32 10.66% 6.88 YES
GILD 09.07.2018 72.175 BULLISH 7.37 10.20% 67.6 YES
GS 09.07.2018 234.05 BULLISH 3.77 1.61% 178.86 YES
PG 09.07.2018 81.9 BULLISH 4.21 5.14% 93.14 YES
AA 09.05.2018 42.825 BULLISH 1.95 4.57% 28.41 YES
CERN 09.05.2018 64.66 BULLISH 0.75 1.16% 54.49 YES
CA 09.04.2018 43.815 BULLISH 0.37 0.83% 44.49 YES
Check your stocks for patterns!
Other Candle Patterns With Signals Today
Pattern Stock Date Signal
Shooting Star ADSK 09.20.2018 BEARISH
Short Line Candle ADSK 09.20.2018 BULLISH
Short Line Candle AMGN 09.20.2018 BULLISH
Short Line Candle ALTR 09.20.2018 BEARISH
High-Wave Candle BIIB 09.20.2018 BULLISH
Spinning Top BIIB 09.20.2018 BULLISH
Engulfing CA 09.20.2018 BEARISH
Short Line Candle CHRW 09.20.2018 BEARISH
Inverted Hammer COST 09.20.2018 BULLISH
Gravestone Doji COST 09.20.2018 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