According to: https://www.investopedia.com/terms/d/darkcloud.asp
It's a pattern that can be observed in candle charts, such as that which the OP posted. Like most things stock market related, I'm not sure if identifying these patterns really predicts anything, as if they did, then more people would be looking for and reacting to them, thereby cancelling out their effect.
ABB chart, page-3
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Last
$2.94 |
Change
0.060(2.08%) |
Mkt cap ! $865.8M | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.96 | $2.86 | $7.726M | 2.644M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2356 | $3.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.50 | 24833 | 2 |
View Market Depth
| Last trade - 15.59pm 17/07/2024 (20 minute delay) ? |
| ABB (ASX) Chart |