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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?
AMGN 06.23.2017 172.88 BULLISH 0.00 0.00% 172.88 IN PROGRESS
AMZN 06.23.2017 1000.69 BULLISH 0.00 0.00% 1000.69 IN PROGRESS
CA 06.23.2017 34.96 BULLISH 0.00 0.00% 34.96 IN PROGRESS
INTC 06.23.2017 34.215 BULLISH 0.00 0.00% 34.215 IN PROGRESS
AAPL 06.21.2017 145.89 BULLISH 1.22 0.84% 146.425 IN PROGRESS
CSCO 06.21.2017 31.845 BULLISH 0.45 1.40% 32.11 IN PROGRESS
HPQ 06.21.2017 17.685 BULLISH 0.17 0.96% 17.735 IN PROGRESS
JPM 06.21.2017 87.15 BULLISH 0.66 0.76% 86.7 IN PROGRESS
KLAC 06.21.2017 97.89 BULLISH 0.28 0.29% 97.93 IN PROGRESS
LRCX 06.21.2017 150.83 BULLISH 1.95 1.29% 151.97 IN PROGRESS
SHLD 06.21.2017 6.41 BULLISH 0.63 9.83% 6.95 IN PROGRESS
CVX 06.20.2017 106.47 BULLISH 0.06 0.06% 104.94 IN PROGRESS
GRMN 06.20.2017 51.345 BULLISH 0.38 0.75% 51.29 IN PROGRESS
BBBY 06.16.2017 35.17 BULLISH 0.41 1.17% 29.68 IN PROGRESS
ORLY 06.16.2017 231.04 BULLISH -0.33 -0.14% 220.085 IN PROGRESS
URBN 06.16.2017 18.075 BULLISH 0.13 0.69% 17.755 IN PROGRESS
BIDU 06.15.2017 175.91 BULLISH 4.91 2.79% 177.95 IN PROGRESS
CTRP 06.15.2017 52.6 BULLISH 3.45 6.56% 55.61 IN PROGRESS
HSIC 06.15.2017 183.69 BULLISH 1.52 0.83% 184.37 IN PROGRESS
ILMN 06.15.2017 171.98 BULLISH 13.46 7.83% 185.44 IN PROGRESS
INFY 06.15.2017 15.06 BULLISH -0.05 -0.37% 14.855 IN PROGRESS
ISRG 06.15.2017 899.61 BULLISH 63.27 7.03% 950.48 IN PROGRESS
PCLN 06.15.2017 1809.34 BULLISH 64.31 3.55% 1872.36 IN PROGRESS
SIRI 06.15.2017 5.175 BULLISH 0.21 4.06% 5.345 IN PROGRESS
SRCL 06.15.2017 78.1 BULLISH 1.22 1.56% 76.91 IN PROGRESS
FAST 06.14.2017 43.24 BULLISH 1.73 4.00% 42.855 IN PROGRESS
FSLR 06.14.2017 36.21 BULLISH 4.25 11.74% 39.74 IN PROGRESS
FLIR 06.13.2017 36 BULLISH 0.10 0.28% 35.03 IN PROGRESS
PG 06.13.2017 88.02 BULLISH 2.14 2.43% 89.4 IN PROGRESS
NIHD 06.12.2017 0.7053 BULLISH 0.08 11.30% 0.6882 IN PROGRESS
Check your stocks for patterns!
Other Candle Patterns With Signals Today
Pattern Stock Date Signal
Hikkake ADBE 06.23.2017 BULLISH
Engulfing ADBE 06.23.2017 BULLISH
Short Line Candle ADBE 06.23.2017 BULLISH
Three Outside Up/Down ADSK 06.23.2017 BULLISH
Tasuki Gap AMGN 06.23.2017 BULLISH
Hammer AMGN 06.23.2017 BULLISH
Three Outside Up/Down CA 06.23.2017 BEARISH
Hammer CA 06.23.2017 BULLISH
Short Line Candle CA 06.23.2017 BEARISH
Engulfing CELG 06.23.2017 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