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Indian stock market · indicator signal
OBV bullish divergence on Asian Paints
On Asian Paints the obv bullish divergence showed up 23 times. The target came first 48% of the time, the stop 48%, and 4% went nowhere within 12 candles.
Counted on Asian Paints: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 12 | 50% | 50% | 0% |
| Hourly | 11 | 45% | 45% | 9% |
Asian Paints against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Asian Paints | 23 | 48% | 48% | 4% |
| All Indian stock market charts | 1,295 | 42% | 53% | 5% |
| Every market | 8,280 | 36% | 55% | 9% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2018 | 3 | 100% | 0% |
| 2022 | 3 | 0% | 100% |
| 2025 | 7 | 71% | 29% |
| 2026 | 4 | 0% | 75% |
The last 8 times
- 18 Jun 2026, 14:15 IST · hourly · stop first after 2 candles
- 18 Feb 2026, 14:15 IST · hourly · stop first after 2 candles
- 6 Feb 2026, 15:15 IST · hourly · went nowhere
- 5 Jan 2026 · daily · stop first after 3 candles
- 10 Sep 2025, 12:15 IST · hourly · target first after 6 candles
- 10 Sep 2025, 10:15 IST · hourly · target first after 9 candles
- 3 Sep 2025, 15:15 IST · hourly · target first after 1 candle
- 11 Aug 2025, 13:15 IST · hourly · stop first after 8 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the obv bullish divergence is
Price made a lower low, but volume flow made a higher low. Sellers were running out of force.
Imagine a tug of war where one team pulls the rope lower, but fewer and fewer people are pulling with them. OBV counts how much trading pushes price up versus down. A bullish divergence is when price makes a lower low, but OBV does not follow it down.
The full obv bullish divergence lesson, video and quiz ›
Other patterns on Asian Paints
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · Volume profile rejection · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · MACD bullish cross · all of them
The obv bullish divergence elsewhere
Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · Vedanta · Bajaj Finance · Grasim · Bajaj Finserv · Sony · Ethereum · Bitcoin
Questions
How often does the obv bullish divergence work on Asian Paints?
In 23 cases on Asian Paints, the target (1.5 × ATR) came before the stop (1 × ATR) 48% of the time and the stop came first 48%; 4% went nowhere within 12 candles.
What is the obv bullish divergence?
Price made a lower low, but volume flow made a higher low. Sellers were running out of force.