Japanese stock market · candlestick pattern
Hanging man on Sony
On Sony the hanging man showed up 33 times. The target came first 45% of the time, the stop 55%, and 0% went nowhere within 12 candles.
Counted on Sony Group: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 17 | 47% | 53% | 0% |
| Hourly | 16 | 44% | 56% | 0% |
Sony against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Sony | 33 | 45% | 55% | 0% |
| 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 |
|---|---|---|---|
| 2018 | 3 | 67% | 33% |
| 2024 | 5 | 40% | 60% |
| 2025 | 12 | 42% | 58% |
| 2026 | 4 | 75% | 25% |
The last 8 times
- 12 Aug 2026, 10:00 JST · hourly · target first after 5 candles
- 2 Jun 2026, 11:00 JST · hourly · stop first after 2 candles
- 13 May 2026, 11:00 JST · hourly · target first after 4 candles
- 8 Apr 2026, 13:00 JST · hourly · target first after 3 candles
- 21 Nov 2025, 13:00 JST · hourly · target first after 3 candles
- 19 Sep 2025, 13:00 JST · hourly · stop first after 3 candles
- 10 Sep 2025, 13:00 JST · hourly · target first after 3 candles
- 9 Sep 2025, 14:00 JST · hourly · stop first after 2 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 Sony
Inside bar · Gap up · Gap down · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them
The hanging man elsewhere
Nikkei 225 · Toyota · SoftBank · Sensex · Nifty 50 · Dow Jones · S&P 500 · GBP/USD · EUR/JPY · Gold · Ethereum
Questions
How often does the hanging man work on Sony?
In 33 cases on Sony, the target (1.5 × ATR) came before the stop (1 × ATR) 45% of the time and the stop came first 55%; 0% went nowhere within 12 candles.
What is the hanging man?
After a rise, a long lower wick warns that sellers are testing.