Evening star
A three-bar shape: a long rise, a small bar, then a long fall.
Candlestick patternsBest on 3M, 6MAlso called evening star
What it shows
The evening star has three bars. Bar 1 is a long up bar. Bar 2 is a small bar that gaps above bar 1. Bar 3 is a long down bar that closes below the midpoint of bar 1.
It is the mirror of the morning star.
How we find it
The same code that draws it on your chart follows these steps, with the same result every time.
- Bar 1: long up bar after a rise.
- Bar 2: small body, above bar 1's close.
- Bar 3: long down bar.
- Bar 3 close < midpoint of bar 1's body.
Starting values: Bars 3; Close below bar 1 midpoint. These are proposed and will be tuned on real price data before launch.
How to read it
- The gold zone covers the three bars.
- The small middle bar is the star.
- The third bar falls into the first.
Status labels you may see
| Label | What it means |
|---|---|
| Today | Rule met with the last three bars. |
| Recently | Within the last 5 bars. |
| None | Not found. |
What cancels it
Nothing cancels it.
What traders check next
- Size of bar 3.
- Volume.
- Next bar.
Limits
- Rare.
- Gap rules vary.
- Outcomes vary.
Try it in forecastviz
- Open any ticker and choose Candlestick patterns → Evening star in the left menu.
- Switch between 3M, 6M to see how the picture changes.
- Compare with Morning star and Bearish engulfing on the same chart.
Questions
Why 'evening'?
The star appears as the sun sets.
Mirror?
The morning star.
Related trends
Further reading
- Nison, Japanese Candlestick Charting Techniques
- Bulkowski, Encyclopedia of Candlestick Charts
- Morris, Candlestick Charting Explained
Educational only. Not financial advice, and not a price forecast. Charts are drawn by code from past price data, which may be delayed.