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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?
AXP 07.13.2018 100.42 BULLISH 0.00 0.00% 100.42 IN PROGRESS
BBBY 07.11.2018 20.27 BULLISH 0.13 0.64% 19.875 IN PROGRESS
LIFE 07.11.2018 0.8939 BULLISH 0.18 19.70% 0.9331 IN PROGRESS
MAT 07.11.2018 17.245 BULLISH 0.20 1.19% 16.46 IN PROGRESS
ORLY 07.11.2018 283.52 BULLISH 5.78 2.04% 285.86 IN PROGRESS
URBN 07.11.2018 45.39 BULLISH -0.07 -0.15% 44.5 IN PROGRESS
AKAM 07.10.2018 75.85 BULLISH 1.81 2.39% 77.27 IN PROGRESS
AMZN 07.05.2018 1701.01 BULLISH 113.44 6.67% 1813.68 IN PROGRESS
CMCSA 07.05.2018 33.14 BULLISH 1.94 5.85% 34.745 IN PROGRESS
CSCO 07.05.2018 42.59 BULLISH 1.17 2.75% 41.765 IN PROGRESS
CTSH 07.05.2018 79.88 BULLISH 3.35 4.19% 81.7 IN PROGRESS
EXPD 07.05.2018 72.33 BULLISH 1.41 1.95% 73.18 IN PROGRESS
ILMN 07.05.2018 280.64 BULLISH 27.74 9.88% 307.01 IN PROGRESS
NTAP 07.05.2018 77.71 BULLISH 5.12 6.59% 82.64 IN PROGRESS
NWSA 07.05.2018 15.285 BULLISH 0.52 3.37% 15.58 IN PROGRESS
ROST 07.05.2018 85.14 BULLISH 1.62 1.90% 85.09 IN PROGRESS
UTX 07.05.2018 125.05 BULLISH 4.67 3.73% 129.44 IN PROGRESS
COST 07.02.2018 207.59 BULLISH 8.85 4.26% 216.25 IN PROGRESS
FLEX 07.02.2018 13.915 BULLISH 1.00 7.15% 14.8 IN PROGRESS
HD 07.02.2018 193.985 BULLISH 5.90 3.04% 198.63 IN PROGRESS
JNJ 07.02.2018 121.61 BULLISH 6.55 5.39% 125.77 IN PROGRESS
MMM 07.02.2018 195.36 BULLISH 6.53 3.34% 201.22 IN PROGRESS
MRK 07.02.2018 60.365 BULLISH 2.66 4.40% 62.89 IN PROGRESS
SRCL 07.02.2018 65.07 BULLISH 3.84 5.90% 68.84 IN PROGRESS
TRV 07.02.2018 122.27 BULLISH 4.49 3.67% 126.52 IN PROGRESS
VZ 07.02.2018 50.405 BULLISH 1.27 2.53% 51.32 IN PROGRESS
XOM 07.02.2018 81.725 BULLISH 2.34 2.86% 83.25 IN PROGRESS
BIDU 06.28.2018 241.9 BULLISH 30.87 12.76% 267.25 IN PROGRESS
BIIB 06.28.2018 288.83 BULLISH 73.17 25.33% 348.63 IN PROGRESS
FAST 06.28.2018 48.7 BULLISH 7.60 15.61% 55.24 IN PROGRESS
Check your stocks for patterns!
Other Candle Patterns With Signals Today
Pattern Stock Date Signal
Dragonfly Doji ADSK 07.13.2018 BULLISH
Takuri (Dragonfly Doji with very long lower shadow) ADSK 07.13.2018 BULLISH
Doji ADSK 07.13.2018 BULLISH
Harami Cross ADSK 07.13.2018 BEARISH
Harami ADSK 07.13.2018 BEARISH
Long Legged Doji ADSK 07.13.2018 BULLISH
Hikkake AMGN 07.13.2018 BEARISH
Long Line Candle AMGN 07.13.2018 BULLISH
Belt-hold AMGN 07.13.2018 BULLISH
High-Wave Candle ALTR 07.13.2018 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