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Markets › Tesla › Bearish engulfing

US stock market · candlestick pattern

Bearish engulfing on Tesla

On Tesla the bearish engulfing showed up 47 times. The target came first 28% of the time, the stop 72%, and 0% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1625%75%0%
Hourly3129%71%0%

Tesla against the rest

ChartsFoundTarget firstStop firstWent nowhere
Tesla4728%72%0%
All US stock market charts1,35937%61%2%
Every market19,16535%58%8%

Year by year

YearFoundTarget firstStop first
2017425%75%
2023560%40%
202440%100%
20251724%76%
20261242%58%

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 Tesla

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Gap up · Doji · Gap down · MACD bearish cross · Volume profile rejection · Volume profile bounce · all of them

The bearish engulfing elsewhere

Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Broadcom · Oracle · Nvidia · Microsoft · Meta · Intel · Sensex · Nifty 50 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the bearish engulfing work on Tesla?

In 47 cases on Tesla, the target (1.5 × ATR) came before the stop (1 × ATR) 28% of the time and the stop came first 72%; 0% went nowhere within 12 candles.

What is the bearish engulfing?

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