The chart showing Series 1 series.
To see the performance of the pattern in your stock exchange in the context of other stock markets please examine the table below. Find your stock market there and see how it ranks among the others. This will give you an idea about the pattern’s strength and reliability and help you in your selling decisions.
This is a three-candlestick pattern signaling a major top reversal. It is composed of a white candlestick followed by a short candlestick, which characteristically gaps up to form a star. Then we have a third black candlestick whose closing is well into the first session’s white body. This is a meaningful top pattern.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. We see a white candlestick on the first day.
3. Then, we see a short candlestick on the second day that gaps in the direction of the uptrend.
4. A black candlestick is observed on the third day.
Pattern Requirements and Flexibility
The Bearish Evening Star starts with a white candlestick and it should continue with a short candlestick (white or black) that opens with a gap up. The black candlestick appearing on the third day should open at or lower than the highest level of the body of the second candlestick, and it should close well into the white candlestick that appears at the beginning of the pattern. The extent of how low this candlestick must close is defined according to the other candlesticks belonging to the pattern. The third day’s closing must reach the midpoint between the first day’s opening and the second day’s highest body level.
Trader’s Behavior
An uptrend is being observed, and the white candlestick confirms the continuation of the uptrend. The appearance of the short candlestick that makes a gap indicates that bulls are still pushing up the price. However, the tight price action on the second day between the open and the close shows indecision. The third day is a black body that moves into the first day’s white body. A significant trend reversal has occurred.
Sell/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross below this level for confirmation.

The stop loss level is defined as the higher of the last two highs. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish pattern is detected, then the stop loss is triggered.
Pattern Performance in Stock Exchanges since 1/1/2019
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 95664269.4763.648.862.706.17
Vietnam HNX 73503268.4964.005.880.964.92
UAEUAE 39301876.9260.005.200.474.73
USWARRANTS 2920868.9740.008.754.304.45
South KoreaKOSDAQ 1814124777968.7462.475.471.254.22
CanadaTSX-V 29319911668.6057.716.432.224.21
NorwayOSE 2361609467.8058.754.941.193.75
IndonesiaIDX 27418411267.1560.874.741.063.68
JapanFUKUOKA 42250.00100.003.500.003.50
ThailandSET 39125414764.9657.874.210.873.33
USNASDAQ 62074165235067.1856.354.301.233.07
IndiaNSE 2348171899973.1758.
USOTC PINK 1977132369867.6352.215.412.363.05
PakistanKSE 40029217873.0060.964.421.472.96
SwedenSTOCKHOLM 87857933266.6356.754.141.252.90
IndiaBSE 26741936114072.4458.854.191.322.87
EgyptEGX 42132817577.9153.354.591.732.86
South KoreaKRX 1998137082968.6260.473.630.812.82
RussiaMICEX 2201508868.6458.283.650.942.71
PhilippinesPSE 151944862.2551.063.630.932.70
Hong KongHKEX 1468101457069.0756.213.781.152.63
ChinaSZSE 39922696166667.5461.803.681.062.62
QatarQE 34211461.7666.673.330.762.57
MalaysiaBURSA 35124713670.3755.063.771.212.56
BelgiumBRUSSELS 1541055668.1853.333.350.832.52
IndonesiaIDX 1810755.5670.002.700.302.40
ChinaSSE 27921853110666.4459.623.240.872.38
Greece ATHENS 85502958.8258.003.541.182.36
BrazilBOVESPA 71247426466.7155.583.461.222.24
TaiwanGTSM 74252530870.7558.673.020.802.22
SpainIBEX 1981448172.7356.
BangladeshDSE 36627715875.6857.
The World 82669557533047767.4954.633.051.042.01
TurkeyBIST 53036420368.6855.773.281.311.97
Poland GPW 31722811571.9250.443.891.951.94
Saudi ArabiaTADAWUL 29821212371.1458.022.730.801.92
Austria WIENERBORSE 1531005365.3653.002.910.991.92
CanadaTSX 2144142678766.5155.192.790.881.91
JapanNAGOYA 3618750.0038.893.061.171.89
JapanTOKYO 70974897277169.0056.592.911.041.87
UKLSE 31402122107867.5850.802.700.961.74
AustraliaASX 143596149066.9750.993.281.551.72
USAMEX 101365235064.3653.682.650.961.70
ChileBCS 30231476.6760.872.520.871.65
DenmarkCOPENHAGEN 1711186669.0155.932.590.961.64
USNYSE 93785965320763.6653.722.490.921.57
TaiwanTWSE 141494951867.1154.582.420.871.55
Vietnam HOSE 28918910565.4055.563.301.761.54
IsraelTASE 65547826172.9854.602.791.341.46
SingaporeSGX 141965968.0961.462.300.911.40
AustraliaASX 37302181.0870.001.370.071.30
FrancePARIS 1499102547668.3846.442.110.911.21
RussiaMICEX 27181166.6761.111.560.391.17
FOREXFOREX 37261670.2761.541.620.461.15
SwitzerlandSIX 89460727667.9045.472.050.891.15
BrazilBOVESPA 1611668.7554.551.360.271.09
DenmarkCOPENHAGEN 27191470.3773.681.160.161.00
ThailandSET 28231382.1456.521.170.171.00
Poland GPW 23151165.2273.331.130.131.00
ItalyBORSA 2386164974669.1145.241.850.880.97
GermanyXETRA 36392435115066.9147.231.750.790.96
SwedenSTOCKHOLM 31231574.1965.
Vietnam HOSE 1612775.0058.331.170.250.92
MexicoBMV 28221678.5772.731.140.230.91
BangladeshDSE 2210845.4580.000.900.000.90
USFOREX 25171568.0088.240.940.060.88
USPREFERRED 33821710464.2047.931.480.660.82
MexicoBMV 38724912364.3449.402.161.340.82
UKLSE 33211463.6466.671.050.240.81
NetherlandsAMSTERDAM 60841719568.5946.761.400.690.71
IndiaNSE 169756.2577.780.890.220.67
IsraelTASE 28231582.1465.220.780.170.61
ArgentinaBUE 1941205861.8648.332.411.830.58
Hong KongHKEX 1914973.6864.290.710.140.57
CanadaTSX 25181172.0061.110.720.170.56
SwitzerlandSIX 106460.0066.670.830.330.50
PhilippinesPSE 30191463.3373.680.630.160.47
KuwaitKSE 50281156.0039.292.071.610.46
TurkeyBIST 169556.2555.560.560.220.33
PakistanKSE 2212554.5541.670.750.420.33
UAEUAE 2817860.7147.060.590.290.29
JapanTOKYO 2118985.7150.000.670.390.28
Austria WIENERBORSE 1511673.3354.550.640.360.27
Greece ATHENS 1511673.3354.550.640.360.27
PortugalLISBON 1712670.5950.000.580.330.25
SpainIBEX 1713676.4746.150.540.380.15
JordanASE 1310476.9240.001.501.400.10
South KoreaKOSDAQ 1911557.8945.450.550.450.09
SingaporeSGX 1611468.7536.360.270.270.00
BelgiumBRUSSELS 2013665.0046.150.540.540.00
GermanyXETRA 1913668.4246.150.540.540.00
ChinaSSE 1914573.6835.710.360.360.00
FrancePARIS 1913668.4246.150.540.540.00
ItalyBORSA 1913668.4246.150.540.540.00
NetherlandsAMSTERDAM 2013665.0046.150.540.540.00
ChileBCS 1714582.3535.710.210.29-0.07
NorwayOSE 2520680.0030.000.400.55-0.15
TaiwanGTSM 1411578.5745.450.360.55-0.18
MalaysiaBURSA 188244.4425.000.130.75-0.63
JapanSAPPORO 43275.0066.670.671.33-0.67
ArgentinaBUE 148457.1450.000.381.50-1.13
PortugalLISBON 27221381.4859.092.503.91-1.41
OmanMSM 54180.0025.000.504.00-3.50
Patterns Total: How many of this particular pattern has been detected in this period
Confirmed Total: How many of the detected patterns were confirmed and converted into signals
Profitable Signals: The number of the confirmed patterns that have given profitable trades
Confirmation %: The percentage of the confirmed patterns with respect to the total occurrences of this pattern
Profitable Signal %: The percentage of the successful confirmed patterns with respect to the total confirmed patterns
Per Trade Profit %: Total Profits / Total Trades
Per Trade Loss %: Total Losses / Total Trades
Per Trade Net%: (Total Profits–Total Losses) / Total Number of Trades
Samples: Live sample ticker symbols from stock exchanges with links to stock pages of the related© family websites


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