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Markets › Broadcom › Hanging man

US stock market · candlestick pattern

Hanging man on Broadcom

On Broadcom the hanging man showed up 23 times. The target came first 30% of the time, the stop 57%, and 13% went nowhere within 12 candles.

Counted on Broadcom: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily922%67%11%
Hourly1436%50%14%

Broadcom against the rest

ChartsFoundTarget firstStop firstWent nowhere
Broadcom2330%57%13%
All US stock market charts88938%58%4%
Every market8,31136%58%6%

Year by year

YearFoundTarget firstStop first
202140%100%
2025729%43%
2026850%50%

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 hanging man is

After a rise, a long lower wick warns that sellers are testing.

Imagine climbing to the top of a hill, slipping far down, then scrambling back up. You made it, but the slip warns that the ground up there is shaky. A hanging man is that slip, showing up after price has been rising.

The full hanging man lesson, video and quiz ›

Other patterns on Broadcom

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

The hanging man elsewhere

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

Questions

How often does the hanging man work on Broadcom?

In 23 cases on Broadcom, the target (1.5 × ATR) came before the stop (1 × ATR) 30% of the time and the stop came first 57%; 13% went nowhere within 12 candles.

What is the hanging man?

After a rise, a long lower wick warns that sellers are testing.