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US stock market · candlestick pattern

Bearish engulfing on JPMorgan

On JPMorgan the bearish engulfing showed up 40 times. The target came first 20% of the time, the stop 70%, and 10% went nowhere within 12 candles.

Counted on JPMorgan Chase: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1225%75%0%
Hourly2818%68%14%

JPMorgan against the rest

ChartsFoundTarget firstStop firstWent nowhere
JPMorgan4020%70%10%
All US stock market charts1,35937%61%2%
Every market19,16535%58%8%

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 JPMorgan

Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · MACD bearish cross · Doji · Gap up · Gap down · Volume profile rejection · Volume profile bounce · 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 JPMorgan?

In 40 cases on JPMorgan, the target (1.5 × ATR) came before the stop (1 × ATR) 20% of the time and the stop came first 70%; 10% went nowhere within 12 candles.

What is the bearish engulfing?

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