Patterns

Dark Cloud Cover

A long green candle followed by a red candle that opens above the prior candle's high and closes below the midpoint of the prior body (but doesn't fully engulf it).

Bearish·Bearish reversal·2-candle·Requires a prior uptrend

Pattern shape

What it means

Buyers pushed price up at the open of day two, then sellers took control and dragged it more than halfway back. Like a partial Bearish Engulfing.

Confirmation to wait for

Stronger with above-average volume on the red candle. Some traders require the close to reach the prior open.

Failure mode

Weaker than full Bearish Engulfing. Inside an uptrend with strong momentum, dark cloud cover frequently fails.

Detection rule

prev: long green. curr: red AND curr.open ≥ prev.high AND curr.close < midpoint of prev body AND curr.close > prev.open (not full engulf). Prior 5-day uptrend.

The scanner below applies this rule to today's daily candles across actively-traded NSE equities, ranked by traded value (price × volume). Liquidity floor: 25 Cr traded today. Rule-based matches - not buy/sell calls.

Stocks matching today

Scanner coming soon

Detection isn't wired for this pattern yet. The rule above describes what the scanner will look for; it'll go live with the next set of detectors.

Related patterns (same signal direction)

Pattern definitions are descriptive, not predictive. Confirm with volume + the broader trend on the index / sector before trading any single-stock signal.