Guide

How to read candlestick analysis

Vantage analyzes roughly 30 days of daily OHLCV data, identifies candlestick patterns near key levels, and cross-checks with volume. The table summarizes each stock with six attributes. Columns are ordered to match how rows are ranked — strongest setups appear first.

Signal — the headline action

Values: BUY · HOLD · SELL

Signal is the net conclusion after trend, support/resistance, candlestick patterns, and volume are weighed together. It is a summary label, not a trade instruction.

Signal	What it usually means
BUY	Bullish pattern(s), supportive volume, and trend context suggest upside — often a reversal at support or continuation in an uptrend.
SELL	Bearish pattern(s), distribution volume, or breakdown below support suggest downside or caution.
HOLD	No clear edge — patterns may be absent, volume is inconclusive, or signals conflict.

In the app:BUYHOLDSELL

Confidence — how strong the setup is

Values: Low · Medium · High

For candlestick analysis, confidence matters more than in pure price/volume reads. A named pattern at a key level with confirming volume earns higher confidence; choppy action with no clear pattern earns lower confidence.

Confidence	How to read it
High	Clear pattern, volume confirms, trend aligns. The setup is internally consistent.
Medium	Some evidence — a pattern or level is present, but volume or trend is mixed.
Low	Weak or conflicting signals. “None significant” patterns often appear here.

Patterns — what the candles show

The Patterns column names candlestick formations detected in recent daily bars — often with brief context (for example, “Hammer at $568 support”).

Pattern type	Examples	Typical read
Strong reversal	Morning Star, Evening Star, Engulfing	Potential trend change, especially at support or resistance.
Continuation	Three White Soldiers, Three Black Crows	Trend may persist in the same direction.
Single-candle	Hammer, Doji, Shooting Star	Shorter-term signal; needs volume and level context.
None significant	—	No actionable candlestick setup was identified. Signal may still be BUY/SELL/HOLD based on trend, levels, and volume alone.

None significant is not a pattern name — it means the model did not find a recognizable formation worth highlighting. Rows with named patterns rank above “None significant” when other fields are equal.

Volume — confirming or contradicting the pattern

Values: Bullish · Bearish · Neutral

Volume Confirmation shows whether recent volume supports or weakens the candlestick story. High volume on breakouts and reversals strengthens a pattern; low volume on a rally or breakdown weakens it.

Volume	Meaning
Bullish	Volume supports buying — up days on higher-than-average volume, or reversals confirmed by participation.
Bearish	Volume supports selling — down days on heavy volume, or rallies lacking conviction.
Neutral	Volume does not clearly confirm either side.

BUY + Bullish — aligned bullish read.
BUY + Bearish — pattern or trend may look up, but volume disagrees (caution).
HOLD + Neutral — common when there is no clear edge.

Trend — the backdrop for the pattern

Values: Uptrend · Downtrend · Sideways

Trend describes recent price direction (typically the last 10–20 daily bars). Patterns are more reliable when they align with or clearly reverse the prior trend — for example, a Morning Star after a downtrend, or Three White Soldiers in an uptrend.

Trend	Meaning
Uptrend	Higher highs and lows, or net upward drift.
Downtrend	Lower highs and lows, or net downward drift.
Sideways	Range-bound action with little net progress.

Support / Resistance — key price levels

These are price zones where the stock has recently bounced (support) or stalled (resistance). Patterns near these levels are considered more meaningful than patterns in the middle of a range.

S: support levels — prices where buying has previously emerged.
R: resistance levels — prices where selling has previously capped rallies.

Support and resistance are not used to sort the table, but they help explain why a pattern was flagged and what could invalidate the signal (for example, a break below support on high volume).

How the table is sorted

Rows with completed analysis are ranked strongest setup first. Unanalyzed or loading rows appear at the bottom. Sort priority (left to right in the table):

Signal — BUY, then HOLD, then SELL
Confidence — High, then Medium, then Low
Patterns — named patterns before “None significant”
Volume — aligned with signal before neutral or conflicting
Trend — aligned with signal as final tiebreaker

Reading them together

Think in layers — the same order as the table columns:

Signal — what is the net call?
Confidence — how much should you trust it?
Patterns — is there a specific candlestick setup?
Volume — does participation confirm the story?
Trend — does the broader move support the pattern?

Pattern	Typical read
BUY · High · Morning Star at support · Bullish · Uptrend	Strong bullish reversal setup
HOLD · Medium · None significant · Bullish · Uptrend	Trend is fine, but no clear candlestick trigger
SELL · High · Evening Star at resistance · Bearish · Downtrend	Strong bearish reversal setup
BUY · Low · Hammer · Bearish · Downtrend	Possible bounce, but volume and trend conflict — weak setup

Important caveats

Not financial advice. Analysis is for informational purposes only.
OHLCV only. News, earnings, and fundamentals are not included.
Daily timeframe. Patterns reflect daily candles over ~30 days, not intraday charts.
AI interpretation. Pattern names and levels are model-generated. Re-analyzing may produce slightly different wording.
12-hour cache. Candlestick results are cached for 12 hours (same as Price/Volume). Use Force Refresh to bypass the cache.

Run analysis from your watchlist on the Stock Analysis page under the Candlestick tab.