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US stock market · candlestick pattern

Bearish engulfing on SPDR S&P 500 ETF

On SPDR S&P 500 ETF the bearish engulfing showed up 54 times. The target came first 41% of the time, the stop 59%, and 0% went nowhere within 12 candles.

Counted on SPDR S&P 500 ETF: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1625%75%0%
Hourly3847%53%0%

SPDR S&P 500 ETF against the rest

ChartsFoundTarget firstStop firstWent nowhere
SPDR S&P 500 ETF5441%59%0%
All US stock market charts1,35937%61%2%
Every market19,16535%58%8%

Year by year

YearFoundTarget firstStop first
2020450%50%
202330%100%
2024729%71%
20252025%75%
20261669%31%

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 SPDR S&P 500 ETF

Inside bar · Stochastic bearish cross · Gap up · Stochastic bullish cross · Gap down · Spinning top · MACD bearish cross · Doji · RSI overbought drop · 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 SPDR S&P 500 ETF?

In 54 cases on SPDR S&P 500 ETF, the target (1.5 × ATR) came before the stop (1 × ATR) 41% of the time and the stop came first 59%; 0% went nowhere within 12 candles.

What is the bearish engulfing?

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