Dark Cloud Cover

Dark Cloud Cover Candlestick Patterns Oct 30 2015

The dark cloud cover pattern is a two-bar candlestick pattern found at the end of an uptrend. In this pattern, the first day is an up day and on the second day the price gaps up to the highest high that the stock price traded at on the previous day. The price then falls throughout the second day and closes below the midpoint of the first day. This suggests that after a long uptrend, sellers have decided to liquidate their positions in the stock.

SymbolNameSectorIndustrySCTRUCloseChg% ChangeVolumeDate
DGAZVelocityShares 3x Inverse Natural Gas ETN (DGAZ)12.21-1.24-9.22%1155090110‑30, 16:00
HND.TOHorizons BetaPro NYMEX Natural Gas Bear Plus ETF (HND.TO)99.8tsx16.94-1.11-6.15%170087710‑30, 16:00
AQN.TOAlgonquin Power & Utilities Corp. (AQN.TO)UtilitiesElectrical Utilities89.7tsx10.09-0.18-1.75%143393110‑30, 16:00
SONASTEER.INSona Koyo Steering Systems Ltd. (SONASTEER.IN)81nse64.05-1.1-1.69%109344310‑30, 15:30
MAAMid-America Apartment Communities Inc. (MAA)FinancialResidential REITs86.5mid85.19-2.36-2.70%62905110‑30, 16:00
SPHSuburban Propane Partners LP (SPH)CyclicalsSpecialty Retailers32.7mid34.4-0.38-1.10%18497810‑30, 16:00
OHRPOhr Pharmaceutical, Inc. (OHRP)Health CarePharmaceuticals2.93-0.06-2.01%10532010‑30, 16:00
MMUWestern Asset Managed Municipals Fund Inc. (MMU)14.3-0.07-0.49%8099510‑30, 16:00
CBAKChina BAK Battery, Inc. (CBAK)TechnologyElectrical Components3.06-0.1-3.16%3165510‑30, 16:00

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