Markets › SPDR S&P 500 ETF › Hammer
US stock market · candlestick pattern
Hammer on SPDR S&P 500 ETF
On SPDR S&P 500 ETF the hammer showed up 26 times. The target came first 31% of the time, the stop 69%, 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
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 8 | 25% | 75% | 0% |
| Hourly | 18 | 33% | 67% | 0% |
SPDR S&P 500 ETF against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| SPDR S&P 500 ETF | 26 | 31% | 69% | 0% |
| 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 |
|---|---|---|---|
| 2020 | 3 | 33% | 67% |
| 2025 | 4 | 50% | 50% |
| 2026 | 13 | 31% | 69% |
The last 8 times
- 1 Sep 2026, 14:30 ET · hourly · target first after 2 candles
- 31 Aug 2026, 14:30 ET · hourly · stop first after 2 candles
- 19 Aug 2026, 09:30 ET · hourly · target first after 1 candle
- 20 Jul 2026, 10:30 ET · hourly · stop first after 4 candles
- 23 Jun 2026, 14:30 ET · hourly · stop first after 6 candles
- 29 Apr 2026, 09:30 ET · hourly · stop first after 2 candles
- 6 Mar 2026, 09:30 ET · hourly · stop first after 7 candles
- 13 Feb 2026, 09:30 ET · hourly · stop first after 7 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 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 hammer elsewhere
Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Microsoft · Meta · Intel · Nifty 50 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Ethereum · Bitcoin
Questions
How often does the hammer work on SPDR S&P 500 ETF?
In 26 cases on SPDR S&P 500 ETF, the target (1.5 × ATR) came before the stop (1 × ATR) 31% of the time and the stop came first 69%; 0% went nowhere within 12 candles.
What is the hammer?
After a fall, a long lower wick shows buyers stepped in.