Long Lower Shadow

A long lower shadow candlestick is a candlestick with a small body and a long wick or shadow that extends below the body. This indicates that there was a lot of selling pressure during the day, but the buyers were able to push the price back up to the opening price.

The long lower shadow candlestick pattern can be interpreted as a sign of bullishness or bearishness, depending on the context in which it appears. It is more likely to be interpreted as bullish if it appears after a long downtrend, and more likely to be interpreted as bearish if it appears after a long uptrend.

The long lower shadow candlestick pattern should be confirmed by other technical indicators, such as moving averages and momentum indicators.

These stocks have formed a Long Lower Shadow Pattern on 1 Day time frame

Company SymbolSectorPriceChangeVolume52wk High52wk High1Y BetaP/EM CapRating
ADVENZYMESConsumer Non-Durables323.102.15 (0.67%)180 T346.55225.001.1330.9935.9 BBuy
AVGTransportation301.356.35 (2.15%)201.7 T305.0099.95-0.243.5 BStrong Buy
BEARDSELLProcess Industries33.901.25 (3.83%)17,32237.7017.001.9413.641.3 BBuy
BRITANNIAConsumer Non-Durables4,564.656.10 (0.13%)210.8 T5,270.353,690.000.6445.031.1 TBuy
CUBEXTUBNon-Energy Minerals47.700.75 (1.60%)47,76352.0024.251.8623.69670.8 MBuy
DODLAConsumer Non-Durables683.703.55 (0.52%)47,874898.90431.200.8130.9840.3 BSell
IRFCFinance75.100.65 (0.87%)94.9 M92.3520.802.0115.75972.7 BBuy
JISLDVREQSProducer Manufacturing31.450.45 (1.45%)28,07040.5515.250.4139.1 BNeutral
KANANIINDConsumer Durables8.050.10 (1.26%)62,05613.455.501.6564.09792.5 MStrong Buy
MANKINDHealth Technology1,751.8012.00 (0.69%)123,1061,949.001,242.000.83697.1 BSell
MITCONCommercial Services79.501.70 (2.19%)2,99294.9553.0518.021 BNeutral
NCLINDNon-Energy Minerals220.401.05 (0.48%)68,231246.55157.000.0415.629.9 BNeutral
NLCINDIAUtilities129.900.60 (0.46%)1.2 M147.6065.001.8814.54179.2 BSell
OPTIEMUSDistribution Services310.851.65 (0.53%)159.8 T381.45160.301.2358.0226.7 BBuy
PGELElectronic Technology1,774.55-3.00 (-0.17%)54,2802,143.95955.550.3242.7346.2 BNeutral
PIDILITINDProcess Industries2,517.704.85 (0.19%)348.4 T2,843.752,250.050.5892.281.3 TNeutral
PRECWIREProducer Manufacturing121.85-0.55 (-0.45%)1.1 M127.2053.671.6336.2221.9 BBuy
REDINGTONElectronic Technology157.750.25 (0.16%)1.3 M202.30135.001.079.30123.2 BSell
SEJALLTDProcess Industries229.85-0.05 (-0.02%)1,845288.95210.100.4030.922.3 BBuy
SURANASOLElectronic Technology24.000.20 (0.84%)76,87631.5014.701.22189.571.2 BNeutral
TAJGVKConsumer Services231.500.75 (0.33%)51,720286.15168.951.7816.0114.5 BSell
TASTYBITEConsumer Non-Durables16,138.55190.40 (1.19%)1,09219,791.957,961.000.8994.6040.8 BNeutral
TATACHEMProcess Industries1,035.801.00 (0.10%)486.8 T1,214.90876.801.1011.68263.6 BNeutral
TIMETECHNOProcess Industries154.80-0.85 (-0.55%)1.5 M161.0069.401.5115.2235.1 BBuy
UFLEXProcess Industries439.503.20 (0.73%)92,080749.00325.101.1431.5 BNeutral
VETOProducer Manufacturing131.95-0.90 (-0.68%)185.1 T147.0071.451.1213.652.5 BBuy
WEALTHFinance312.952.25 (0.72%)787399.40214.250.8616.063.3 BSell