Hammer and hanging man
Hammer and hanging-man candidates can share long-lower-wick geometry but use different preceding-trend context.
Plain-language meaning
Hammer and hanging-man candidates can share long-lower-wick geometry but use different preceding-trend context.
Why it is useful
Hammer and hanging man is useful as descriptive evidence when it is compared on the same definition, source, period, unit and exact listing. It is one input to research, not a verdict.
Where it appears in XMarketRadar
Look for Hammer and hanging man in Advanced Chart settings, indicator panels, screeners and technical research for the selected listing and bar interval.
How it is calculated or sourced
Measure body and both wicks from OHLC, then apply a disclosed preceding-trend rule. The same long-lower-wick geometry can be a hammer candidate after decline or a hanging-man candidate after advance, so shape alone is insufficient.
Inputs, period and unit
Read the disclosed inputs or source, observation period, bar interval, unit, native currency and scale. A value without its source and as-of context is incomplete; unlike units must not be combined.
Worked example
Illustrative only: Open ₹100, high ₹101, low ₹92 and close ₹99 gives a ₹1 body, ₹7 lower wick and ₹1 upper wick. The shape needs preceding trend before it can receive a hammer- or hanging-man context label.
What high and low mean
A higher or lower Hammer and hanging man value is descriptive, not automatically good or bad. Meaning depends on the instrument, comparison period, method and related evidence.
Positive, negative and genuine zero
Positive and negative Hammer and hanging man values retain the definition shown here. A genuine reported or computed zero is displayed as 0 and is not the same as missing evidence.
Limitations and common mistakes
Hammer and hanging man may differ by provider definition, observation time, instrument and venue. Common mistakes are dropping units or dates, comparing unlike scopes, and treating a missing value as zero.
Market-specific differences
The concept is used across all supported markets, but currency, price scale, session calendar, source field and regulatory definition can differ. XMarketRadar preserves the exact exchange context.
Suggested next steps
Open the related Technical analysis terms below, then follow the matching Help Centre task guide and inspect Hammer and hanging man on an exact exchange listing. Confirm source, as-of time, units and unavailable reason before using it in research.
Educational information only; not investment advice or an order service.
This Hammer and hanging man tutorial is educational and descriptive. It is not investment advice, a price prediction, a recommendation, or an instruction to buy, sell, rebalance or place an order.
Also known as: hammer, hanging-man, shooting-star