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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?
URBN 05.19.2017 19.465 BULLISH 0.05 0.28% 19.135 IN PROGRESS
PG 05.18.2017 86 BULLISH 0.38 0.44% 86.21 IN PROGRESS
AAPL 05.16.2017 155.45 BULLISH -0.95 -0.61% 153.96 IN PROGRESS
ESRX 05.16.2017 60.03 BULLISH 0.50 0.83% 60.29 IN PROGRESS
EXPD 05.16.2017 53.03 BULLISH 0.07 0.14% 53.105 IN PROGRESS
FAST 05.16.2017 44.02 BULLISH 0.39 0.89% 44.37 IN PROGRESS
MRK 05.16.2017 63.81 BULLISH 0.64 1.00% 64.1 IN PROGRESS
DLTR 05.12.2017 81.21 BULLISH 0.78 0.96% 81 IN PROGRESS
FSLR 05.12.2017 36.32 BULLISH 1.23 3.39% 36.46 IN PROGRESS
ADP 05.11.2017 96.52 BULLISH 3.03 3.14% 99.53 IN PROGRESS
AMGN 05.11.2017 160.13 BULLISH 0.25 0.16% 153 IN PROGRESS
AXP 05.11.2017 77.96 BULLISH 0.66 0.85% 76.99 IN PROGRESS
CELG 05.11.2017 119.53 BULLISH 0.59 0.49% 115.8 IN PROGRESS
CERN 05.11.2017 64.715 BULLISH 0.31 0.49% 64.64 IN PROGRESS
CHRW 05.11.2017 69.79 BULLISH 0.00 0.00% 68.05 IN PROGRESS
DD 05.11.2017 79.13 BULLISH 0.83 1.05% 77.505 IN PROGRESS
GILD 05.11.2017 66.7 BULLISH 0.00 0.00% 64.335 IN PROGRESS
IBM 05.11.2017 150.56 BULLISH 3.38 2.24% 152.65 IN PROGRESS
MCD 05.11.2017 144.28 BULLISH 4.52 3.13% 148.15 IN PROGRESS
MMM 05.11.2017 196.88 BULLISH 1.80 0.91% 198.52 IN PROGRESS
PAYX 05.11.2017 57.235 BULLISH 0.80 1.39% 57.91 IN PROGRESS
SRCL 05.11.2017 84.98 BULLISH -0.14 -0.16% 84.26 IN PROGRESS
XRAY 05.11.2017 62.68 BULLISH 0.06 0.10% 62.66 IN PROGRESS
CHKP 05.10.2017 106.01 BULLISH 4.86 4.58% 109.6 IN PROGRESS
LIFE 05.10.2017 3.1 BULLISH 0.48 15.32% 3.55 IN PROGRESS
AKAM 05.09.2017 50.42 BULLISH -0.20 -0.40% 47.75 IN PROGRESS
ILMN 05.08.2017 184.6 BULLISH 0.44 0.24% 175.055 IN PROGRESS
ROST 05.08.2017 64.6 BULLISH 1.89 2.93% 62.47 IN PROGRESS
VRSN 05.08.2017 89.29 BULLISH 1.41 1.58% 89.98 IN PROGRESS
FLEX 05.05.2017 15.15 BULLISH 1.70 11.22% 16.845 IN PROGRESS
Check your stocks for patterns!
Other Candle Patterns With Signals Today
Pattern Stock Date Signal
Belt-hold ADBE 05.22.2017 BULLISH
Belt-hold ADSK 05.22.2017 BULLISH
High-Wave Candle AMGN 05.22.2017 BEARISH
Hikkake AMGN 05.22.2017 BULLISH
Spinning Top AMGN 05.22.2017 BEARISH
Matching Low BIIB 05.22.2017 BULLISH
Homing Pigeon BIIB 05.22.2017 BULLISH
Harami BIIB 05.22.2017 BULLISH
Long Line Candle CA 05.22.2017 BULLISH
Belt-hold CA 05.22.2017 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