Bearish Engulfing

The bearish engulfing pattern is a two-candle reversal pattern that signals a potential decline in price. It is formed when a small bullish candle is followed by a larger bearish candle that completely engulfs the body of the first candle.

The pattern is more reliable when it occurs after a strong uptrend.

The pattern can be confirmed by other technical indicators, such as moving averages and momentum indicators.

Here are some additional things to keep in mind when trading the bearish engulfing pattern:

  • The pattern is less reliable when it occurs after a weak uptrend or a sideways market.
  • The pattern can be used to identify potential sell opportunities, but it is important to remember that no single pattern is 100% reliable, and traders should always use caution when trading.

These stocks have formed a Bearish Engulfing Pattern on 1 Day time frame

Company SymbolSectorPriceChangeVolume52wk High52wk High1Y BetaP/EM CapRating
BALAJITELEConsumer Services63.60-2.15 (-3.27%)191.6 T74.0035.000.616.7 BNeutral
CERAConsumer Durables8,609.75-112.65 (-1.29%)15,8419,740.004,963.400.1649.50113.4 BSell
DAMODARINDProcess Industries50.15-0.90 (-1.76%)85,30866.8536.550.601.2 BNeutral
DEVITTechnology Services145.50-4.05 (-2.71%)100,949163.9581.000.943.3 BBuy
DOLLARConsumer Non-Durables425.10-7.95 (-1.84%)101,128519.85310.600.3660.1324.6 BSell
FORTISHealth Services331.30-5.40 (-1.60%)875 T352.50245.500.8843.26253.6 BNeutral
GUFICBIOHealth Technology280.75-5.65 (-1.97%)161.7 T333.00177.650.6134.3327.8 BSell
FLUOROCHEMProcess Industries2,996.40-39.00 (-1.28%)82,3394,173.952,534.050.4726.90333.4 BSell
HILTONProducer Manufacturing164.75-1.50 (-0.90%)78,435174.0059.450.8048.023.5 BBuy
HONDAPOWERProducer Manufacturing2,658.40-62.85 (-2.31%)5,8742,944.001,455.001.8527.7827.6 BNeutral
JSLNon-Energy Minerals456.90-6.20 (-1.34%)760.2 T541.00120.000.7116.70381.1 BNeutral
JINDWORLDProcess Industries362.50-9.45 (-2.54%)87,779476.70246.15-0.4882.8874.5 BSell
JWLProducer Manufacturing303.55-15.90 (-4.98%)1.9 M411.0067.850.7769.66127.4 BNeutral
KECIndustrial Services655.90-8.60 (-1.29%)147,873747.70405.300.0690.01170.8 BSell
MACPOWERProducer Manufacturing290.20-3.75 (-1.28%)19,769419.40207.4021.452.9 BSell
RVHLConsumer Durables34.80-1.00 (-2.79%)68,39047.9517.101.0342.712.2 BBuy
SONAMCLOCKConsumer Durables59.00-0.85 (-1.42%)5,19267.0033.501.2 BNeutral
SUNTECKFinance433.15-2.00 (-0.46%)537.3 T444.00271.101.5063.7 BBuy
TTLProcess Industries93.50-3.25 (-3.36%)20,380110.0064.800.892.1 BNeutral
VIMTALABSCommercial Services539.10-5.45 (-1.00%)22,209623.15291.850.8225.1912 BNeutral