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Shooting Star Candlestick Patterns November 18 2015

What is a Shooting Star?

The shooting star pattern is a 1-bar candlestick pattern found at the end of an uptrend. In this pattern, the stock gaps up at the open and then rises up to a point well above where it started the day at. In general this pattern indicates that there is supply of the stock at this level and that the preceding rally is not sustainable.

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Stock Price Quote as of Wed, Nov 18th, 2015
High 29.12 Low 27.12
41.97 52Wk High
(-33.95%)Since 10/05/15
11.33 52Wk Low
(+144.66%)Since 01/14/15
Open 27.27 Prev Close 27.30
Volume 2,442,529 Avg Volume 1,337,000
EPS -4.83 Div & Yield N/A
P/E Ratio 0.00 Market Cap $1.24 B
Weighted Alpha +29.26 Standard Dev +0.46

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[vc_row][vc_column][vc_column_text css_animation=”left-to-right”] Morning Star Patterns December 21 2015 WHAT IS A MORNING STAR PATTERN? The morning star pattern is a bullish 3-bar candlestick pattern, the first […]
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Hammer Candlestick Patterns December 21 2015

[vc_row][vc_column][vc_column_text css_animation=”left-to-right”] Hammer Candlestick Patterns December 21 2015 WHAT IS A HAMMER PATTERN? The Hammer is a bullish reversal pattern that forms after a decline. In […]
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