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?
ESRX 05.24.2018 76.7 BULLISH 0.00 0.00% 76.7 IN PROGRESS
LIFE 05.24.2018 0.9103 BULLISH 0.00 0.00% 0.9103 IN PROGRESS
XRAY 05.24.2018 46.22 BULLISH 0.00 0.00% 46.22 IN PROGRESS
ALTR 05.23.2018 35.21 BULLISH -0.01 -0.03% 34.99 IN PROGRESS
AXP 05.23.2018 101.91 BULLISH 0.36 0.35% 102.01 IN PROGRESS
CHRW 05.23.2018 87.3 BULLISH 0.92 1.05% 87.97 IN PROGRESS
DIS 05.23.2018 102.93 BULLISH -0.19 -0.18% 102.04 IN PROGRESS
GS 05.23.2018 237.18 BULLISH -0.25 -0.11% 236.26 IN PROGRESS
HPQ 05.23.2018 21.86 BULLISH 0.10 0.46% 21.905 IN PROGRESS
IBM 05.23.2018 144.46 BULLISH -0.03 -0.02% 144.01 IN PROGRESS
JPM 05.23.2018 112.31 BULLISH -0.30 -0.27% 111.26 IN PROGRESS
MMM 05.23.2018 198.65 BULLISH 1.22 0.61% 199.29 IN PROGRESS
NWSA 05.23.2018 15.475 BULLISH 0.09 0.55% 15.53 IN PROGRESS
TRV 05.23.2018 130.84 BULLISH -0.07 -0.05% 130.61 IN PROGRESS
WMT 05.23.2018 83.01 BULLISH -0.10 -0.12% 82.85 IN PROGRESS
XLNX 05.23.2018 68.69 BULLISH 0.19 0.28% 68.78 IN PROGRESS
URBN 05.21.2018 42.25 BULLISH 0.75 1.78% 42.14 IN PROGRESS
AMAT 05.18.2018 49.75 BULLISH 1.56 3.14% 50.71 IN PROGRESS
FLIR 05.18.2018 54.43 BULLISH 0.57 1.05% 54.64 IN PROGRESS
ISRG 05.18.2018 458.93 BULLISH 7.54 1.64% 457.61 IN PROGRESS
LRCX 05.18.2018 195.56 BULLISH 9.44 4.83% 204.2 IN PROGRESS
MAT 05.18.2018 15.155 BULLISH 0.09 0.56% 15.075 IN PROGRESS
SHLD 05.18.2018 3.61 BULLISH 0.23 6.37% 3.325 IN PROGRESS
VZ 05.18.2018 47.685 BULLISH 1.59 3.32% 48.57 IN PROGRESS
HSIC 05.17.2018 72.16 BULLISH 0.43 0.60% 70.45 IN PROGRESS
CVX 05.16.2018 129.51 BULLISH 0.84 0.65% 126.6 IN PROGRESS
SRCL 05.16.2018 63.72 BULLISH 0.64 1.00% 63.17 IN PROGRESS
AAPL 05.15.2018 186.19 BULLISH 3.05 1.64% 188.07 IN PROGRESS
CMCSA 05.15.2018 31.985 BULLISH 0.85 2.66% 31.595 IN PROGRESS
CSCO 05.15.2018 45.445 BULLISH -0.06 -0.14% 43.535 IN PROGRESS
Check your stocks for patterns!
Other Candle Patterns With Signals Today
Pattern Stock Date Signal
Three Outside Up/Down ADBE 05.24.2018 BULLISH
Spinning Top ADBE 05.24.2018 BULLISH
Dragonfly Doji ADSK 05.24.2018 BULLISH
Takuri (Dragonfly Doji with very long lower shadow) ADSK 05.24.2018 BULLISH
Doji ADSK 05.24.2018 BULLISH
Hanging Man ADSK 05.24.2018 BEARISH
Long Legged Doji ADSK 05.24.2018 BULLISH
Long Line Candle AMGN 05.24.2018 BEARISH
Belt-hold AMGN 05.24.2018 BEARISH
Short Line Candle ALTR 05.24.2018 BEARISH

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