StockstoWatch Be there, before the crowd!

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?
BIDU 12.12.2017 232.64 BULLISH 3.97 1.71% 233.59 IN PROGRESS
ORLY 12.12.2017 246.55 BULLISH 5.94 2.41% 246 IN PROGRESS
ADBE 12.11.2017 174.22 BULLISH 3.11 1.79% 176.92 IN PROGRESS
AMAT 12.11.2017 51.58 BULLISH 0.02 0.04% 50.76 IN PROGRESS
DLTR 12.11.2017 107.02 BULLISH 0.88 0.82% 105.48 IN PROGRESS
EBAY 12.11.2017 37.525 BULLISH 0.07 0.17% 37.42 IN PROGRESS
FISV 12.11.2017 131.71 BULLISH 0.29 0.22% 130.76 IN PROGRESS
MCD 12.11.2017 172.96 BULLISH 0.89 0.51% 173.51 IN PROGRESS
MXIM 12.11.2017 52.13 BULLISH -0.20 -0.38% 51.23 IN PROGRESS
KO 12.08.2017 45.255 BULLISH 0.77 1.69% 45.97 IN PROGRESS
TRV 12.08.2017 133.63 BULLISH 0.96 0.72% 133.55 IN PROGRESS
CHKP 12.07.2017 103.52 BULLISH 3.53 3.41% 106.43 IN PROGRESS
GILD 12.07.2017 72.66 BULLISH 4.43 6.10% 76.53 IN PROGRESS
PFE 12.07.2017 35.44 BULLISH 1.35 3.81% 36.69 IN PROGRESS
ALXN 12.06.2017 109.2 BULLISH 6.90 6.32% 113.6 IN PROGRESS
ALTR 12.05.2017 21.55 BULLISH 1.99 9.23% 21.42 IN PROGRESS
BBBY 12.05.2017 23.605 BULLISH 0.29 1.21% 23.58 IN PROGRESS
HSIC 12.05.2017 71.1 BULLISH -1.81 -2.55% 68.6 IN PROGRESS
FLEX 12.01.2017 18.015 BULLISH 0.22 1.25% 17.87 IN PROGRESS
LRCX 12.01.2017 187.89 BULLISH 4.59 2.44% 181.44 IN PROGRESS
MRVL 12.01.2017 22.205 BULLISH 0.41 1.82% 21.845 IN PROGRESS
NTAP 12.01.2017 56.48 BULLISH 2.41 4.27% 57.81 IN PROGRESS
SBUX 12.01.2017 57.34 BULLISH 2.54 4.44% 59.49 IN PROGRESS
XLNX 12.01.2017 68.34 BULLISH 1.23 1.80% 68.1 IN PROGRESS
ATVI 11.30.2017 62.45 BULLISH 2.60 4.16% 64.68 IN PROGRESS
WYNN 11.29.2017 156.16 BULLISH 10.14 6.49% 164.75 IN PROGRESS
CERN 11.28.2017 69.74 BULLISH 1.17 1.68% 69.65 IN PROGRESS
MAT 11.28.2017 18.225 BULLISH 0.16 0.91% 15.555 IN PROGRESS
AA 11.27.2017 42 BULLISH 1.47 3.50% 41.91 IN PROGRESS
AKAM 11.27.2017 55.31 BULLISH 1.80 3.25% 56.69 IN PROGRESS
Check your stocks for patterns!
Other Candle Patterns With Signals Today
Pattern Stock Date Signal
Short Line Candle ADBE 12.13.2017 BULLISH
Short Line Candle AMGN 12.13.2017 BULLISH
Short Line Candle ALTR 12.13.2017 BEARISH
Hikkake BIIB 12.13.2017 BEARISH
Long Line Candle CA 12.13.2017 BEARISH
Hikkake CELG 12.13.2017 BEARISH
Engulfing CELG 12.13.2017 BEARISH
Belt-hold CELG 12.13.2017 BEARISH
Inverted Hammer CHRW 12.13.2017 BULLISH
Gravestone Doji CHRW 12.13.2017 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