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?
HD 10.16.2017 164.15 BULLISH 0.00 0.00% 164.15 IN PROGRESS
ROST 10.16.2017 62.86 BULLISH 0.00 0.00% 62.86 IN PROGRESS
GILD 10.13.2017 81.2 BULLISH -0.06 -0.07% 79.84 IN PROGRESS
TEVA 10.13.2017 15.015 BULLISH 0.09 0.60% 14.705 IN PROGRESS
GE 10.12.2017 23.025 BULLISH 0.41 1.78% 23.395 IN PROGRESS
ORLY 10.12.2017 207.28 BULLISH 3.48 1.68% 209.08 IN PROGRESS
CTRP 10.11.2017 54.29 BULLISH 1.32 2.43% 55.47 IN PROGRESS
CTSH 10.11.2017 73.66 BULLISH 1.02 1.38% 74.13 IN PROGRESS
CTXS 10.11.2017 80.58 BULLISH 1.31 1.63% 81.53 IN PROGRESS
FFIV 10.11.2017 115.99 BULLISH 0.74 0.64% 115.68 IN PROGRESS
INTC 10.11.2017 39.29 BULLISH 0.51 1.29% 39.71 IN PROGRESS
MMM 10.11.2017 216.32 BULLISH 3.45 1.59% 218.54 IN PROGRESS
MSFT 10.11.2017 76.37 BULLISH 1.38 1.81% 77.565 IN PROGRESS
ADSK 10.10.2017 116.99 BULLISH 2.98 2.55% 119.19 IN PROGRESS
CERN 10.10.2017 71.4 BULLISH 2.45 3.43% 72.04 IN PROGRESS
DIS 10.10.2017 99.59 BULLISH -0.33 -0.33% 98.1 IN PROGRESS
PAYX 10.10.2017 63.64 BULLISH 1.00 1.57% 63.4 IN PROGRESS
NIHD 10.09.2017 0.44 BULLISH 0.11 25.00% 0.4748 IN PROGRESS
FSLR 10.06.2017 48.15 BULLISH 0.13 0.27% 47.29 IN PROGRESS
IBM 10.06.2017 146.54 BULLISH 2.32 1.58% 146.71 IN PROGRESS
KO 10.06.2017 45.48 BULLISH 1.27 2.78% 46.705 IN PROGRESS
XOM 10.06.2017 81.62 BULLISH 1.41 1.73% 82.81 IN PROGRESS
AMAT 10.05.2017 51.4 BULLISH 3.68 7.16% 55.01 IN PROGRESS
ADBE 10.04.2017 147.77 BULLISH 7.04 4.76% 150.44 IN PROGRESS
CHKP 10.04.2017 115.8 BULLISH 3.32 2.87% 118 IN PROGRESS
KLAC 10.04.2017 102.92 BULLISH 4.36 4.24% 107.28 IN PROGRESS
WYNN 10.04.2017 146.86 BULLISH 3.27 2.23% 146.74 IN PROGRESS
INFY 10.03.2017 14.555 BULLISH 0.28 1.89% 14.61 IN PROGRESS
URBN 10.03.2017 23.11 BULLISH 0.67 2.90% 22.94 IN PROGRESS
FAST 10.02.2017 45.69 BULLISH 1.56 3.41% 47.24 IN PROGRESS
Check your stocks for patterns!
Other Candle Patterns With Signals Today
Pattern Stock Date Signal
Engulfing AMGN 10.16.2017 BEARISH
Closing Marubozu AMGN 10.16.2017 BEARISH
Dark Cloud Cover BIIB 10.16.2017 BEARISH
Belt-hold BIIB 10.16.2017 BEARISH
Spinning Top CA 10.16.2017 BULLISH
Gravestone Doji CELG 10.16.2017 BULLISH
High-Wave Candle CELG 10.16.2017 BULLISH
Doji CELG 10.16.2017 BULLISH
Harami Cross CELG 10.16.2017 BULLISH
Harami CELG 10.16.2017 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