Trading Class

Markets › Asian Paints › Stochastic bearish cross

Indian stock market · indicator signal

Stochastic bearish cross on Asian Paints

On Asian Paints the stochastic bearish cross showed up 233 times. The target came first 33% of the time, the stop 61%, and 6% went nowhere within 12 candles.

Counted on Asian Paints: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily12230%65%5%
Hourly11137%56%7%

Asian Paints against the rest

ChartsFoundTarget firstStop firstWent nowhere
Asian Paints23333%61%6%
All Indian stock market charts16,24936%59%5%
Every market108,29636%58%7%

Year by year

YearFoundTarget firstStop first
20161040%60%
20171638%50%
20181118%64%
20191136%64%
20201233%58%
2021138%85%
20221644%56%
20231225%75%
2024560%40%
20258234%59%
20264536%60%

The last 8 times

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 stochastic bearish cross is

Above 80, the fast stochastic line crossed below the slow one.

Imagine a swing that has gone as high as it can and starts to come back. A stochastic above 80 means price closed near the top of its recent range. A bearish cross there hints the swing may be turning back down.

The full stochastic bearish cross lesson, video and quiz ›

Other patterns on Asian Paints

Inside bar · 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 · RSI overbought drop · all of them

The stochastic bearish cross elsewhere

Sensex · Nifty 50 · Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · State Bank of India · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the stochastic bearish cross work on Asian Paints?

In 233 cases on Asian Paints, the target (1.5 × ATR) came before the stop (1 × ATR) 33% of the time and the stop came first 61%; 6% went nowhere within 12 candles.

What is the stochastic bearish cross?

Above 80, the fast stochastic line crossed below the slow one.