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
AKASHIndustrial Services28.40-1.15 (-3.89%)66,72141.6022.500.30498.3 MBuy
AURIONPROTechnology Services1,225.10-37.00 (-2.93%)13,5231,296.25290.300.9026.6329.9 BBuy
DEEPAKNTRProcess Industries2,213.70-34.70 (-1.54%)241.7 T2,372.701,730.000.9939.35306.7 BBuy
GATEWAYNon-Energy Minerals86.45-1.50 (-1.71%)546.6 T91.9558.550.2517.6144 BNeutral
INDOBORAXProcess Industries164.65-3.80 (-2.26%)34,163192.0096.451.2110.965.4 BSell
IRBIndustrial Services30.40-0.95 (-3.03%)17.2 M35.0019.811.7037.42189.4 BNeutral
JMAProducer Manufacturing77.30-2.00 (-2.52%)21,53485.1559.000.176.701.8 BNeutral
LTIndustrial Services2,890.00-29.85 (-1.02%)1.4 M3,009.001,797.400.8836.094.1 TBuy
MARICOConsumer Non-Durables574.50-7.50 (-1.29%)1.5 M591.75462.700.2754.70752.5 BNeutral
MARSHALLProducer Manufacturing65.15-1.55 (-2.32%)154.8 T72.0024.101.64970.5 MBuy
PGILConsumer Non-Durables958.45-28.15 (-2.85%)31,7881,028.00335.001.9813.2821.5 BBuy
SANDHARConsumer Durables396.60-9.65 (-2.38%)116,287428.45190.000.7129.2324.3 BBuy
SUMMITSECMiscellaneous937.00-32.30 (-3.33%)11,9051,049.40530.100.8530.6510.6 BNeutral
TATACOFFEEProcess Industries256.05-2.95 (-1.14%)1.4 M268.90198.850.9318.0348.4 BBuy