Piercing Line Complete Guide
What is Piercing Line?
The Piercing Line is a two-candle bullish reversal pattern that typically appears at the end of a sustained downtrend. As defined by Steve Nison, who introduced Japanese candlestick charting to the West, the pattern represents a significant shift in market sentiment from bearish to bullish. The first bar is a relatively long bearish candle, reflecting the prevailing downward momentum. The second bar begins with a gap down below the low of the first candle, suggesting that the bears remain in control. However, during the session, buyers aggressively step in, driving the price upward to close well within the body of the first candle. To qualify as a valid Piercing Line, the second candle must close above the 50% midpoint of the first candle's real body. This 'piercing' of the midpoint indicates that the bulls have regained enough strength to offset more than half of the previous day's losses. According to Thomas Bulkowski’s research in the 'Encyclopedia of Candlestick Charts,' the Piercing Line has a reversal rate of approximately 64% in bull markets, ranking it as a moderately reliable indicator. Volume plays a crucial role in confirming the pattern's validity; a surge in trading volume on the second day suggests stronger conviction among buyers and increases the likelihood of a successful trend reversal. Conversely, if the second candle fails to reach the 50% threshold, the formation may instead transition into a bearish continuation pattern, such as the 'In Neck' or 'On Neck' patterns. Traders often look for a third candle to close above the high of the Piercing Line as final confirmation before entering a long position.
Identification Rules
- The market must be in a clearly defined downtrend prior to the pattern.
- 첫째 날은 긴 하락(빨간색 또는 검은색) 캔들이어야 합니다.
- The second day must open below the low of the first day's candle.
- 둘째 날은 첫째 날의 몸통의 50% 중간값 위에서 마감해야 합니다.
Historical Win Rate Statistics
US
| Total Occurrences | 29 |
| T+5 Win Rate | 58.6% |
| T+20 Win Rate | 44.8% |
| T+20 Avg Return | 12.25% |
Recent Cases
| Symbol | Date | T+20 Return |
|---|---|---|
| MSFT | 2026-04-02 | 13.58% |
| MSFT | 2025-11-14 | -5.75% |
| NVDA | 2025-11-14 | -3.57% |
| AACG | 2025-06-06 | -9.29% |
| AAUAF | 2025-06-05 | 6.67% |
| AAMMF | 2025-06-04 | -18.09% |
| ABT | 2025-05-29 | -0.33% |
| ACHV | 2025-05-23 | 9.21% |
| TSLA | 2025-05-22 | -4.28% |
| ACDVF | 2025-05-22 | 1.92% |
References
- Thomas N. Bulkowski (2005). Encyclopedia of Chart Patterns.
- Steve Nison (2001). Japanese Candlestick Charting Techniques.
FAQ
피어싱 라인 패턴은 상승 장악형 패턴과 어떻게 다른가요?
상승 장악형 캔들은 전날 몸통을 완전히 감싸는 반면, 관통형은 전날 몸통의 50% 중간점 위로 종가를 형성하기만 하면 됩니다.
두 번째 캔들이 50% 선 아래에서 마감되면 어떻게 되나요?
만약 중간점을 뚫지 못하면, 이는 종종 '인 넥(In Neck)' 또는 '온 넥(On Neck)' 패턴으로 분류되며, 일반적으로 반전보다는 하락 지속을 시사합니다.
What is the historical success rate of this pattern?
불코우스키에 따르면, 해당 패턴은 상승장에서 64%의 확률로 상승 반전 역할을 하며, 신뢰할 만하지만 보장된 신호는 아닙니다.
피어싱 라인에 거래량 확인이 필요한가요?
엄격한 규칙은 아니지만, 두 번째 날(강세)의 거래량이 평균보다 높으면 추세 전환 가능성이 크게 높아집니다.
Where is the most logical place to set a stop loss?
손절매 주문은 일반적으로 패턴의 두 번째 캔들 저점 바로 아래에 설정하는 것이 가장 일반적입니다.
More Analysis
Parts of this page (FAQ, introductions) are AI-assisted. Core data and statistics are algorithmically computed. All pattern definitions are human-reviewed.
면책 조항: 이 페이지는 공개 시장 데이터와 알고리즘 기반 기술적 분석에 기반합니다. 투자 조언을 구성하지 않습니다.
Data source: EODHD · © 2026 KlineVision AI