Hammer Candlestick Patterns November 2 2015

The Hammer is a bullish reversal pattern that forms after a decline. In addition to a potential trend reversal, hammers can mark bottoms or support levels. The low of the long lower shadow implies that sellers drove prices lower during the session. However, the strong finish indicates that buyers regained their footing to end the session on a strong note.

Solarcity Corp (SCTY)

Stock Price Quote as of Mon, Nov 2nd, 2015
High 29.98 Low 28.12
63.79 52Wk High
(-53.85%)Since 05/15/15
28.11 52Wk Low
(+4.73%)Since 10/30/15
Open 29.96 Prev Close 29.65
Volume 11,392,299 Avg Volume 4,100,919
EPS -5.21 Div & Yield N/A
P/E Ratio 0.00 Market Cap $2.85 B
Weighted Alpha -51.11 Standard Dev -0.12

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