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Markets › Coca-Cola › Hanging man

US stock market · candlestick pattern

Hanging man on Coca-Cola

On Coca-Cola the hanging man showed up 30 times. The target came first 33% of the time, the stop 63%, and 3% went nowhere within 12 candles.

Counted on Coca-Cola: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1631%69%0%
Hourly1436%57%7%

Coca-Cola against the rest

ChartsFoundTarget firstStop firstWent nowhere
Coca-Cola3033%63%3%
All US stock market charts88938%58%4%
Every market8,31136%58%6%

Year by year

YearFoundTarget firstStop first
2022333%67%
2024633%67%
2025743%57%
2026714%71%

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 Coca-Cola

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · Volume profile bounce · Doji · EMA 9/21 bullish cross · EMA 9/21 bearish cross · Volume profile rejection · all of them

The hanging man 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 · Ethereum

Questions

How often does the hanging man work on Coca-Cola?

In 30 cases on Coca-Cola, the target (1.5 × ATR) came before the stop (1 × ATR) 33% of the time and the stop came first 63%; 3% went nowhere within 12 candles.

What is the hanging man?

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