Hammer (Bullish Reversal)

A hammer is a one day price pattern that occurs when a security trades significantly lower than its opening, but rallies later in the day to close either above or near its opening price. The hammer signal does not mean bullish investors have taken full control of a security, but simply indicates that the bulls are strengthening. If this candlestick forms during the end of an uptrend, then it is called a Hanging Man.

Last Updated: 26 Oct 2021, 01:17 p.m. (IST)

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Current Price Rs   Day Change %   Week Change %   5Day SMA Rs   5Day EMA Rs   10Day SMA Rs   Candlestick Strength [Bullish minus Bearish]   Prev Day Close Rs   Last End of Day  
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