US stock market · candlestick pattern
Hammer on Dow Jones
On Dow Jones the hammer showed up 32 times. The target came first 28% of the time, the stop 69%, and 3% went nowhere within 12 candles.
Counted on Dow Jones: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 14 | 36% | 64% | 0% |
| Hourly | 18 | 22% | 72% | 6% |
Dow Jones against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Dow Jones | 32 | 28% | 69% | 3% |
| All US stock market charts | 732 | 37% | 59% | 4% |
| Every market | 11,792 | 31% | 58% | 10% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2022 | 3 | 33% | 67% |
| 2024 | 5 | 20% | 80% |
| 2025 | 6 | 50% | 33% |
| 2026 | 13 | 15% | 85% |
The last 8 times
- 23 Sep 2026, 12:30 ET · hourly · stop first after 4 candles
- 23 Sep 2026, 11:30 ET · hourly · stop first after 5 candles
- 18 Sep 2026, 10:30 ET · hourly · target first after 6 candles
- 8 Sep 2026, 14:30 ET · hourly · stop first after 2 candles
- 1 Sep 2026, 09:30 ET · hourly · stop first after 1 candle
- 17 Aug 2026, 13:30 ET · hourly · stop first after 3 candles
- 30 Jul 2026 · daily · target first after 2 candles
- 20 Jul 2026, 10:30 ET · hourly · stop first after 4 candles
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 hammer is
After a fall, a long lower wick shows buyers stepped in.
Drop a ball on the floor and it bounces back up. A hammer candle is like that: price fell a lot during the candle, then buyers bounced it back up near where it started. The long tail below shows how far it dropped before the bounce.
The full hammer lesson, video and quiz ›
Other patterns on Dow Jones
Inside bar · Stochastic bearish cross · Stochastic bullish cross · MACD bearish cross · Doji · Spinning top · MACD bullish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI overbought drop · all of them
The hammer elsewhere
S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Microsoft · Meta · Intel · Boeing · Nifty 50 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Ethereum · Bitcoin
Questions
How often does the hammer work on Dow Jones?
In 32 cases on Dow Jones, the target (1.5 × ATR) came before the stop (1 × ATR) 28% of the time and the stop came first 69%; 3% went nowhere within 12 candles.
What is the hammer?
After a fall, a long lower wick shows buyers stepped in.