Bearish Kicking Candlestick: Important Results
Theoretical performance: Bearish reversal Tested performance: Bearish reversal 54% of the time Frequency rank: 102 Overall performance rank: 102 Best percentage meeting price target: 51% (bull market, down breakout) Best average move in 10 days: 3.90% (bull market, up breakout) Best 10-day performance rank: 35 (bull market, up breakout) All ranks are out of 103 candlestick patterns with the top performer ranking 1. “Best” means the highest rated of the four combinations of bull/bear market, up/down breakouts. The above numbers are based on hundreds of perfect trades. See the glossary for definitions. |  Bearish Kicking |
Bearish Kicking Candlestick: Discussion
The bearish kicking candlestick pattern is rare because it is composed of two marubozu candles, with a gap separating them. Unless the stock is thinly traded, you may find only a handful in your lifetime.
Performance is lousy. It acts as a bearish reversal just 54% of the time, so that is near random. The best move 10 days after the breakout is a rise of just 3.90%. A good move would be a climb of 6% or more. However, the rise allows the pattern to beat many of the other candlestick patterns because the kicking ranks 35, where 1 is best out of 103 candle types. Given that you may not see these candles, and when you do, performance is poor, I would not spend much time studying them.
Bearish Kicking Candlestick: Identification Guidelines
| Characteristic | Discussion |
| Number of candle lines | Two. |
| Price trend leading to the pattern | None required. |
| Configuration | The first days is a white marubozu candle followed by a black marubozu. Between the two candles must be a gap. |
Bearish Kicking Candlestick: Three Trading Tidbits
If you want a few bones from my Encyclopedia of candlestick charts book, here are three to chew on. The pages refer to the book where the tips appear.
- The bearish kicking candle breaks out downward most often — page 449.
- Select tall candles for the best performance — page 447.
- Volume gives performance clues — page 448.
Bearish Kicking Candlestick: Example
Circled in red, the chart shows a bearish kicking candlestick pattern on the daily scale. The first candle is a white marubozu pattern. That is a white candle with no shadows. The following day, price gaps lower forming a black marubozu. That is a black candle with no shadows.
In this example, price rises in the two weeks leading to the start of the bearish kicking pattern and then drops. The breakout is downward when price closes below the bottom of the kicking candle pattern. Since price is trending upward leading to the bearish kicking candle and breaks out downward, this pattern acts as a bearish reversal of the short-term up trend.
