Markets › SoftBank › Hanging man
Japanese stock market · candlestick pattern
Hanging man on SoftBank
On SoftBank the hanging man showed up 36 times. The target came first 25% of the time, the stop 72%, and 3% went nowhere within 12 candles.
Counted on SoftBank Group: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 16 | 25% | 69% | 6% |
| Hourly | 20 | 25% | 75% | 0% |
SoftBank against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| SoftBank | 36 | 25% | 72% | 3% |
| All Japanese stock market charts | 134 | 42% | 57% | 1% |
| Every market | 8,311 | 36% | 58% | 6% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2017 | 3 | 0% | 100% |
| 2019 | 4 | 25% | 50% |
| 2025 | 20 | 20% | 80% |
| 2026 | 6 | 50% | 50% |
The last 8 times
- 7 May 2026, 09:00 JST · hourly · stop first after 1 candle
- 24 Apr 2026 · daily · target first after 2 candles
- 8 Apr 2026, 14:00 JST · hourly · target first after 2 candles
- 8 Apr 2026, 10:00 JST · hourly · stop first after 2 candles
- 29 Jan 2026, 14:00 JST · hourly · stop first after 2 candles
- 22 Jan 2026, 14:00 JST · hourly · target first after 2 candles
- 22 Oct 2025 · daily · stop first after 3 candles
- 9 Oct 2025, 11:00 JST · hourly · target 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 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 SoftBank
Inside bar · Gap up · Gap down · Stochastic bearish cross · Stochastic bullish cross · Doji · Spinning top · MACD bearish cross · MACD bullish cross · RSI overbought drop · all of them
The hanging man elsewhere
Nikkei 225 · Sony · Toyota · Sensex · Nifty 50 · Dow Jones · S&P 500 · GBP/USD · EUR/JPY · Gold · Ethereum
Questions
How often does the hanging man work on SoftBank?
In 36 cases on SoftBank, the target (1.5 × ATR) came before the stop (1 × ATR) 25% of the time and the stop came first 72%; 3% went nowhere within 12 candles.
What is the hanging man?
After a rise, a long lower wick warns that sellers are testing.