Evening star
Up candle, small pause, down candle
What it is
The mirror of a morning star, at the end of an advance: a full up candle, a small-bodied candle that stalls above it, then a down candle closing well into the first body.
What it may suggest
Buying that had been one-directional paused and then reversed. Near a high that has already been tested it may suggest the advance is finished for now.
Where it fails
Same weakness as its mirror, and one more: it is often called on charts where the middle candle is simply a quiet session, not a stall. If the third candle does not close deep into the first, it is three candles, not a pattern.
Also called evening star pattern.
More candlesticks
- Inside barA candle contained entirely by the one before it
- DojiOpen and close nearly equal: indecision
- HammerLong lower wick, small body up top
- Shooting starLong upper wick, small body at the bottom
- Bullish engulfingAn up candle that swallows the previous down candle
- Bearish engulfingA down candle that swallows the previous up candle
ChartPeak is an educational tool. It is not financial advice and does not make investment recommendations. Trading carries a risk of loss, and past performance does not indicate future results. Do your own research.
Get ChartPeak
Photograph a chart and get an AI technical analysis back in about 12 seconds: trend, bias, support and resistance, entry, exit and risk — or a plain no-trade.