Bullish marubozu
BullishA long green bar with almost no wicks — buyers were never pushed back at any point in the session, a record of conviction
Most patterns resolve their way only 50–60% of the time — nearly half miss.
Textbook shape
How to read it
A long green bar with almost no wicks: the open sits near the low, the close near the high. Buyers were never pushed back at any point in the session.
Marubozu means 'shaven head', after the missing wicks. It speaks to conviction rather than to reversal or continuation, so location decides the reading — at a breakout it is the weight behind the break; far into an advance it can read as froth.
What counts as 'long' differs by stock, so SQMATE measures the body against that stock's own recent average range rather than a fixed percentage.
Real example
US stockMSTRDaily
Completed 2024-02-08
CryptoETH-USDDaily
Completed 2017-05-21
A window SQMATE's detectors actually flagged in past bars. It records a day that worked out — the same shape doesn't always resolve the same way.
On SQMATE
No more eyeballing charts
You don't have to flip through charts hunting for shapes. Signal watch pings your browser the moment a condition is met, patterns on your watchlist arrive by email, and the screener lists every symbol that matched today.
SQMATE draws the lines
Support lines, trendlines, channels — the lines you need to read a pattern are drawn for you, so no time goes into drawing.
Patterns aren't the whole story
The same shape doesn't always resolve the same way. It's safer to read it together with candles, volume, and market context — news, catalysts, flows.