Hanging Man (CDLHANGINGMAN)

Summary

Single candle with a small real body, a long lower shadow, and little/no upper shadow, sitting at or near the highs of the prior candle. Bearish reversal signal. A hit is a bearish reversal signal (meaningful at the top of an uptrend).

Notes

Does not verify the preceding uptrend that the pattern classically assumes; confirm the trend context yourself.
Bulkowski's testing found this acts as a bullish continuation 59% of the time — the opposite of the bearish-reversal reading it's named for ("near random") — and it ranks 87th of 103 patterns for post-breakout performance. (thepatternsite.com)

Inputs

inOpen — Open price of each bar
inHigh — High price of each bar
inLow — Low price of each bar
inClose — Close price of each bar

Outputs

outInteger — -100 when detected (always bearish), 0 otherwise. Never emits +100

Output Values

Value	Meaning
-100	Hanging Man pattern detected: bearish
0	No pattern

Properties

Numerical Stability: Start-Independent


☐ Overlap Input
✅ Independent Y-Axis i
✅ Candlestick i
☐ Can Output NaN or ±Inf
☐ Identity at Period 1

Implementation

TA-Lib Definition: cdlhangingman.c · cdlhangingman.yaml

Native	File
C	`ta_CDLHANGINGMAN.c`
Rust	`cdlhangingman.rs`
Java	`Core_CDLHANGINGMAN.java`

TA-Lib is also available for Python, R and more using a wrapper.

Aliases

Hanging Man