Trading Class

Markets › Broadcom › OBV bearish divergence

US stock market · indicator signal

OBV bearish divergence on Broadcom

On Broadcom the obv bearish divergence showed up 28 times. The target came first 46% of the time, the stop 46%, and 7% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1346%46%8%
Hourly1547%47%7%

Broadcom against the rest

ChartsFoundTarget firstStop firstWent nowhere
Broadcom2846%46%7%
All US stock market charts66837%60%3%
Every market8,77437%55%8%

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 obv bearish divergence is

Price made a higher high, but volume flow made a lower high. Buyers were running out of force.

Imagine climbing higher up a hill while fewer and fewer friends keep climbing with you. You are higher, but with less support behind you. An OBV bearish divergence is when price makes a higher high, but OBV, the running total of volume flow, does not follow it up.

The full obv bearish divergence lesson, video and quiz ›

Other patterns on Broadcom

Inside bar · Stochastic bearish cross · Gap up · Stochastic bullish cross · Spinning top · MACD bearish cross · Doji · Gap down · EMA 9/21 bearish cross · EMA 9/21 bullish cross · all of them

The obv bearish divergence elsewhere

S&P 500 · Nasdaq 100 · Alibaba · Oracle · Nvidia · Microsoft · Meta · Boeing · Amazon · Alphabet (Google) · Ethereum · Bitcoin

Questions

How often does the obv bearish divergence work on Broadcom?

In 28 cases on Broadcom, the target (1.5 × ATR) came before the stop (1 × ATR) 46% of the time and the stop came first 46%; 7% went nowhere within 12 candles.

What is the obv bearish divergence?

Price made a higher high, but volume flow made a lower high. Buyers were running out of force.