The price trend for CenterPoint Energy (CNP) has been bearish lately and the stock has lost 6.4% over the past week. However, ...

Candlestick charts are a technical tool that ... that suggests a downtrend may be ending and set to reverse higher. A hammer suggests that a down move is ending (hammering out a bottom).

Candlestick patterns are like clues left behind by the market. Each candle is a clue about who’s winning: buyers or sellers. Here’s the basic cheat sheet you should always remember: Big solid bodies ...

Candlestick patterns offer visual cues for ... Other key patterns that swing traders use include the hammer and inverted hammer, the shooting star, doji, and the morning and evening stars.

Over time, groups of daily candlesticks fall into recognizable patterns with descriptive names like three white soldiers, dark cloud cover, hammer, morning star, and abandoned baby, to name just a ...

One way traders attempt to do this is by analyzing a stock’s candlestick chart to see if they can identify a “hammer candlestick” following a period of decline. Each candlestick on a ...