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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% 19.145 IN PROGRESS
FLEX 09.18.2018 13.01 BULLISH 0.48 3.69% 13.36 IN PROGRESS
INFY 09.18.2018 10.145 BULLISH -0.03 -0.30% 9.945 IN PROGRESS
NIHD 09.18.2018 4.74 BULLISH 0.52 10.97% 4.95 IN PROGRESS
SBUX 09.17.2018 54.52 BULLISH 3.02 5.54% 57.38 IN PROGRESS
HD 09.14.2018 209.23 BULLISH 3.36 1.61% 211.58 IN PROGRESS
NWSA 09.14.2018 12.435 BULLISH 0.30 2.45% 12.74 IN PROGRESS
ROST 09.14.2018 96.85 BULLISH 1.01 1.04% 97.51 IN PROGRESS
SHLD 09.13.2018 1.285 BULLISH 0.09 7.39% 1.29 IN PROGRESS
ADSK 09.12.2018 150.79 BULLISH 3.15 2.09% 151.99 IN PROGRESS
AMAT 09.12.2018 38.36 BULLISH 1.58 4.12% 39.64 IN PROGRESS
INTC 09.12.2018 44.89 BULLISH 2.44 5.44% 46.58 IN PROGRESS
KLAC 09.12.2018 102.82 BULLISH 3.07 2.99% 104.42 IN PROGRESS
MU 09.12.2018 41.725 BULLISH 5.20 12.47% 44.64 IN PROGRESS
MXIM 09.12.2018 57.43 BULLISH 2.53 4.41% 59.61 IN PROGRESS
QCOM 09.12.2018 71.93 BULLISH 3.92 5.45% 73.68 IN PROGRESS
URBN 09.12.2018 44.31 BULLISH 0.31 0.70% 40.69 IN PROGRESS
VRTX 09.12.2018 178.49 BULLISH 3.37 1.89% 180.2 IN PROGRESS
ESRX 09.11.2018 89.67 BULLISH 6.23 6.95% 94.64 IN PROGRESS
LIFE 09.11.2018 0.7399 BULLISH 0.13 17.60% 0.8068 IN PROGRESS
MCHP 09.11.2018 83.27 BULLISH 1.88 2.26% 82.71 IN PROGRESS
STX 09.11.2018 48.93 BULLISH 1.38 2.82% 49.42 IN PROGRESS
DLTR 09.07.2018 82.01 BULLISH 4.38 5.34% 85.06 IN PROGRESS
GE 09.07.2018 12.425 BULLISH 0.55 4.43% 12.225 IN PROGRESS
GILD 09.07.2018 72.175 BULLISH 3.75 5.19% 75.58 IN PROGRESS
GS 09.07.2018 234.05 BULLISH 3.77 1.61% 235.37 IN PROGRESS
PG 09.07.2018 81.9 BULLISH 4.21 5.14% 85.72 IN PROGRESS
AA 09.05.2018 42.825 BULLISH 1.14 2.67% 43.78 IN PROGRESS
CERN 09.05.2018 64.66 BULLISH 0.75 1.16% 63.855 IN PROGRESS
CA 09.04.2018 43.815 BULLISH 0.37 0.83% 44.055 IN PROGRESS
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