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Markets › Bank of America › Bearish engulfing

US stock market · candlestick pattern

Bearish engulfing on Bank of America

On Bank of America the bearish engulfing showed up 51 times. The target came first 29% of the time, the stop 65%, and 6% went nowhere within 12 candles.

Counted on Bank of America: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily2129%62%10%
Hourly3030%67%3%

Bank of America against the rest

ChartsFoundTarget firstStop firstWent nowhere
Bank of America5129%65%6%
All US stock market charts1,35937%61%2%
Every market19,16535%58%8%

Year by year

YearFoundTarget firstStop first
2017540%60%
2023520%80%
2024475%25%
20251735%65%
20261520%67%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the bearish engulfing is

A red body swallows the green one before it. Sellers took control.

Picture a small green fish, then a bigger red fish that swallows it whole. In a bearish engulfing pattern, the red candle's body is so big it covers the whole green body before it. After a rise, it shows sellers suddenly took over.

The full bearish engulfing lesson, video and quiz ›

Other patterns on Bank of America

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Gap up · Gap down · Doji · MACD bearish cross · RSI overbought drop · EMA 9/21 bullish cross · all of them

The bearish engulfing elsewhere

Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Sensex · Nifty 50 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the bearish engulfing work on Bank of America?

In 51 cases on Bank of America, the target (1.5 × ATR) came before the stop (1 × ATR) 29% of the time and the stop came first 65%; 6% went nowhere within 12 candles.

What is the bearish engulfing?

A red body swallows the green one before it. Sellers took control.