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Markets › Tesla › Hanging man

US stock market · candlestick pattern

Hanging man on Tesla

On Tesla the hanging man showed up 27 times. The target came first 48% of the time, the stop 52%, 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
Daily956%44%0%
Hourly1844%56%0%

Tesla against the rest

ChartsFoundTarget firstStop firstWent nowhere
Tesla2748%52%0%
All US stock market charts88938%58%4%
Every market8,31136%58%6%

Year by year

YearFoundTarget firstStop first
2024560%40%
20251429%71%
2026475%25%

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 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 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 hanging man 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 · Ethereum

Questions

How often does the hanging man work on Tesla?

In 27 cases on Tesla, the target (1.5 × ATR) came before the stop (1 × ATR) 48% of the time and the stop came first 52%; 0% went nowhere within 12 candles.

What is the hanging man?

After a rise, a long lower wick warns that sellers are testing.