Evening Star
A three-candle bearish reversal: a big up candle, a small indecision candle, then a big down candle that closes back into the first.
The evening star is the topping mirror of the morning star. A long green candle extends the uptrend, a small star (often gapping up) shows buying stalling, and a long red candle closes well into the green body — sellers have taken over.
It's most reliable after an extended run and on rising volume. A doji middle candle (an evening doji star) sharpens the signal.
On StockSetups
On StockSetups' long-only board the evening star is a caution flag that momentum is rolling over, folded into the candle-bias read rather than traded as a short.
Related terms
See evening star on tonight's board.
StockSetups scans the whole US market after the close and draws the patterns, levels and indicators on every chart.
Start free — 7-day full access →