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Reversal Pattern Technical & Fundamental stock screener, scan stocks based on rsi, pe, macd, breakouts, divergence, growth, book vlaue, market cap, dividend yield etc.
Hammer pattern in daily Technical & Fundamental stock screener, scan stocks based on rsi, pe, macd, breakouts, divergence, growth, book vlaue, market cap, dividend yield etc.
Apr 10, 2024 · What is the Hammer Candlestick Pattern? The Hammer Candle is another Japanese candlestick pattern among these 35 powerful candlestick patterns. It’s a bullish reversal candlestick pattern, which indicates the end of a downtrend and the start of a new uptrend.
Jan 29, 2024 · The Hammer Candlestick Pattern is a single candle formation that occurs in the candlestick charting of financial markets. The Hammer Candlestick Pattern is viewed as a potential reversal signal when it appears after a trend or during a downtrend. The pattern gets its name from the hammer-like shape of the candle body.
May 17, 2019 · Learn how to identify and use the hammer pattern in Chartink for effective trading strategies.
Jan 4, 2024 · In his book "Japanese Candlestick Charting Techniques" he describes hammer patterns with the following characteristics: Typical characteristics. Small candle body with longer lower shadow, resembling a hammer, with minimal (to zero) upper shadow. Lower shadow more than twice the length of the body. Occurrence after bearish price movement.
Scanner Guide Scan Examples Feedback. Scan Description: Identify the hammer candle at the top or bottom of the daily high or low. Also, consider the volume if you are deploying the trade. Stock passes any of the below filters in futures segment: Stock passes all of the below filters in cash segment: [0] 5 minute. Close. Greater than [0] 5 minute.
