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Markets › Walmart › Inverted hammer

US stock market · candlestick pattern

Inverted hammer on Walmart

On Walmart the inverted hammer showed up 25 times. The target came first 44% of the time, the stop 52%, and 4% went nowhere within 12 candles.

Counted on Walmart: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1443%50%7%
Hourly1145%55%0%

Walmart against the rest

ChartsFoundTarget firstStop firstWent nowhere
Walmart2544%52%4%
All US stock market charts61143%53%4%
Every market6,73437%55%8%

Year by year

YearFoundTarget firstStop first
2021520%80%
2025967%33%
2026425%50%

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 inverted hammer is

After a fall, buyers tried to push up. A first sign of interest.

Imagine a kid who keeps losing a game and finally jumps as high as they can. They land back down, but everyone noticed the jump. An inverted hammer is that jump: after a fall, buyers pushed price up high during the candle, even though it slid back before the close.

The full inverted hammer lesson, video and quiz ›

Other patterns on Walmart

Inside bar · Stochastic bearish cross · Stochastic bullish cross · MACD bearish cross · Spinning top · Doji · Volume profile bounce · RSI overbought drop · EMA 9/21 bearish cross · EMA 9/21 bullish cross · all of them

The inverted hammer elsewhere

Dow Jones · S&P 500 · Alibaba · Oracle · Microsoft · Intel · Boeing · Amazon · Bank of America · Alphabet (Google) · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Ethereum · Bitcoin

Questions

How often does the inverted hammer work on Walmart?

In 25 cases on Walmart, the target (1.5 × ATR) came before the stop (1 × ATR) 44% of the time and the stop came first 52%; 4% went nowhere within 12 candles.

What is the inverted hammer?

After a fall, buyers tried to push up. A first sign of interest.